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ETFs

IQ Candriam U.S. Mid Cap Equity ETF

IQSM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 25, 2022
Expense Ratio
0.15%
Type
US Equities
Fund Owner
Index IQ
Volume (1m avg. daily)
$419,069
AUM
$169,097,989
Associated Index
IQ Candriam ESG US Mid Cap Equity Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

IRM
Iron Mountain Inc.
1.13%
CBOE
Cboe Global Markets Inc.
1.04%
BG
Bunge Ltd.
1.04%
PTC
PTC Inc
0.98%
RS
Reliance Steel & Aluminum Co.
0.96%
ENTG
Entegris Inc
0.86%
DPZ
Dominos Pizza Inc
0.85%
LW
Lamb Weston Holdings Inc
0.85%
PKG
Packaging Corp Of America
0.84%
DECK
Deckers Outdoor Corp.
0.83%
Invest with IQSM

What is IQSM?

IQ Candriam ESG U.S. Mid Cap Equity ETF (IQSM) seeks investment results that track, before fees and expenses, the price and yield performance of the IQ Candriam ESG US Mid Cap Equity Index, which is designed to deliver exposure to U.S. mid cap equity securities of companies that satisfy environmental, social, and governance (ESG) criteria, devloped by Candriam.

ETFs related toIQSM

ETFs correlated to IQSM include SCHM, BBMC, JHMM

IQSM
IndexIQ ETF Trust - IQ Candriam U.S. Mid Cap Equity ETF
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap ETF
BBMC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
JHMM
John Hancock Investment Management LLC - John Hancock Multifactor Mid Cap ETF
VB
Vanguard Group, Inc. - Vanguard Small Cap ETF
IWR
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap ETF
SPMD
SPDR Series Trust - SPDR Portfolio S&P 400 Mid Cap ETF
MIDU
Direxion Shares ETF Trust - Direxion Daily Mid Cap Bull 3x Shares
IJH
BlackRock Institutional Trust Company N.A. - iShares Core S&P Mid-Cap ETF
SMMD
BlackRock Institutional Trust Company N.A. - iShares Russell 2500 ETF
MDY
State Street Global Advisors - S&P MidCap 400 ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toIQSM

#PTAC

Pick the Trending Asset Class

Category

Momentum, Tactical Asset Allocation, Be Risk Aware, Ride the Momentum

Risk Rating

Moderate

#EMH

Emerging Markets with a Bond Hedge

Category

Momentum, Be Risk Aware, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with IQSM using Composer

News Related to IQSM

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Jul 16, 2024 • by Michael Juliano
Car Repos Jump In The First Half Of 2024 As Fed Eyes Rate Cuts
Read

FAQ

IQSM is a US Equities ETF. IQ Candriam ESG U.S. Mid Cap Equity ETF (IQSM) seeks investment results that track, before fees and expenses, the price and yield performance of the IQ Candriam ESG US Mid Cap Equity Index, which is designed to deliver exposure to U.S. mid cap equity securities of companies that satisfy environmental, social, and governance (ESG) criteria, devloped by Candriam.

IQSM tracks the IQ Candriam ESG US Mid Cap Equity Index.

No, IQSM is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, IQSM is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on IQSM is -0.028%. This is the percent change in the value of IQSM over the most recent 1-month period. The 3-month return on IQSM is -0.0194%. This is the percent change in the value of IQSM over the most recent 3-month period.

ETFs similar to IQSM include SPHQ, DSI, and QUAL.

ETFs correlated to IQSM include SCHM, BBMC, and JHMM.

ETFs that are inversely correlated to IQSM include RWM, TZA, and TWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.