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NYLI Candriam U.S. Large Cap Equity ETF
ETF
IQSU
Payout Change
Pending
Price as of:
$48.81
-0.21
-0.42%
primary theme
U.S. Large-Cap Blend Equity
IQSU (ETF)
NYLI Candriam U.S. Large Cap Equity ETF
Payout Change
Pending
Price as of:
$48.81
-0.21
-0.42%
primary theme
U.S. Large-Cap Blend Equity
IQSU (ETF)
NYLI Candriam U.S. Large Cap Equity ETF
Payout Change
Pending
Price as of:
$48.81
-0.21
-0.42%
primary theme
U.S. Large-Cap Blend Equity
Name
As of 12/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
17.2%
1 yr return
19.1%
3 Yr Avg Return
8.8%
5 Yr Avg Return
15.3%
Net Assets
$400 M
Holdings in Top 10
38.9%
52 WEEK LOW AND HIGH
$49.0
$40.96
$50.70
Expenses
OPERATING FEES
Expense Ratio 0.10%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 12/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
IQSU - Profile
Distributions
- YTD Total Return 17.2%
- 3 Yr Annualized Total Return 8.8%
- 5 Yr Annualized Total Return 15.3%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.35%
- Dividend Yield 1.2%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameNYLI Candriam U.S. Large Cap Equity ETF
-
Fund Family NameIndexIQ
-
Inception DateDec 17, 2019
-
Shares Outstanding12200000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGreg Barrato
Fund Description
p id="xdx_A84_err--StrategyNarrativeTextBlock_gRBSNTB-WNLS_zDDzlZiWNDuh" style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt; -sec-ix-redline: true; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"The Fund employs a “passive management” — or indexing — investment approach designed to track the performance of the Underlying Index. The Advisor is the index provider for the Underlying Index and Candriam /spanspan style="text-transform: none"serves as the index consultant to the Advisor for the Underlying Index. The Underlying Index is designed to /spanspan style="text-transform: none"deliver exposure to equity securities of companies meeting environmental, social and corporate governance (ESG) criteria developed by Candriam and weighted using a market capitalization weighting methodology. As of June 30, 2024, the market capitalization range /spanspan style="text-transform: none"of the Underlying Index was approximately $9.19 billion to $3.32 trillion. As of June 30, 2024, the primary sectors within the Underlying Index were /spanspan style="text-transform: none"information technology,/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"financials, and consumer discretionary. The Fund has adopted a policy that it will, under normal circumstances, invest at least 80% of the value of its assets (net assets plus the amount of any borrowings for investment purposes) in securities of U.S. large-capitalization /spanspan style="text-transform: none"equity securities./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"The first step in the ESG security selection process scores companies on stakeholder criteria and an issuer’s exposure to global sustainability trends. Companies are scored relative to other companies within the same industry. The stakeholder /spanspan style="text-transform: none"criteria are:/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"Treatment of customers, including advertising practices, after sales service and /spanspan style="text-transform: none"support, and /spanspan style="text-transform: none"anti-competitive behaviors./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"Treatment of employees, including working conditions, employee retention, gender equality, training and /spanspan style="text-transform: none"career opportunities./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt 28.8pt; -sec-ix-redline: true; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"Environmental /spanspan style="text-transform: none"initiatives/spanspan style="text-transform: none" and compliance with new environmental legislation, including supplier adherence to /spanspan style="text-transform: none"fair /spanspan style="text-transform: none"labor standards./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"Corporate governance, including quality of governance and ethics, adherence to accounting standards and /spanspan style="text-transform: none"anti-bribery efforts./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"Societal impact and how the company is viewed by populations in the area where the /spanspan style="text-transform: none"company operates./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"The global sustainability /spanspan style="text-transform: none"trends include:/span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"Climate Change: Activities related to the production of renewable energy /spanspan style="text-transform: none"and decarbonizing /spanspan style="text-transform: none"business activities./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"Resources and Waste: Activities related to the/spanspan style="text-transform: none" efficient utilization of resources, recycling, and mitigating the impact /spanspan style="text-transform: none"on ecosystems./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"Digitalization and Innovation: Activities that drive higher industrial and resource efficiencies and protecting data privacy and the resilience of /spanspan style="text-transform: none"digital networks./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"Health and/spanspan style="text-transform: none" Wellness: Activities related to providing healthy products and services, improving/spanspan style="text-transform: none" air quality, and investing in human capital through job creation, gender equality and decent /spanspan style="text-transform: none"working conditions./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt 28.8pt; text-transform: none; color: #000000; text-indent: -14.4pt; text-align: justify"span style="width: 14.39pt; text-indent: 0; display: inline-block"span style="text-transform: none"•/span/spanspan style="text-transform: none"Demographic Shifts: Activities related to providing products and services to aging populations in developed countries and supporting population growth in emerging countries through investment in infrastructure and the food /spanspan style="text-transform: none"supply chain./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"This sector-specific analysis evaluates companies within the same sector against each other, using criteria specific to the particular sector. Except for /spanspan style="text-transform: none"the excluded activities described below, the ESG security selection process seeks to maintain exposure to all industry sectors of the economy (e.g., consumer discretionary, communication services, healthcare and information technology). The ESG selection process analyzes securities comprising /spanspan style="text-transform: none"approximately 85% of the market capitalization of equity securities domiciled /spanspan style="text-transform: none"in the United States. The companies with an overall ranking in /spanspan style="text-transform: none"the top 70% of the eligible universe within each industry /spanspan style="text-transform: none"sector based on this ESG selection process are included in the Underlying Index, unless a company is excluded as a result of the second step in the ESG security /spanspan style="text-transform: none"selection process./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt; -sec-ix-redline: true; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"The second step in the ESG security selection process is an exclusionary screen based on any continued and significant non-compliance with the Principles of the United Nation’s Global Compact, which address human rights, labor, environmental, and anti-corruption matters, as well as the exclusion of companies engaged in certain businesses beyond minimum thresholds (e.g., companies that operate in countries with oppressive regimes, that operate in adult content, alcohol, /spanspan style="text-transform: none"armament/spanspan style="text-transform: none", gambling, nuclear, and tobacco sectors, or that utilize animal testing or genetic modification in research and development). /spanspan style="text-transform: none"As a result of this second step, the companies selected for inclusion in the Underlying Index represent less than 70% of the eligible universe. As of June 30, 2024, the Underlying Index consisted of 296 /spanspan style="text-transform: none"component securities./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 8pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"The Underlying Index is reconstituted and /spanspan style="text-transform: none"rebalanced quarterly./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"The Underlying Index may include as a component one or more ETFs advised by the Advisor (“Affiliated ETFs”) and /spanspan style="text-transform: none"the Fund will typically invest in any Affiliated ETF included /spanspan style="text-transform: none"in the Underlying Index. The Fund also may invest in Affiliated ETFs that are not components of the index if such an investment will help the Fund track the /spanspan style="text-transform: none"Underlying Index./span/p
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IQSU - Performance
Return Ranking - Trailing
| Period | IQSU Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 17.2% | -7.7% | 42.7% | 67.30% |
| 1 Yr | 19.1% | -7.3% | 42.1% | 64.98% |
| 3 Yr | 8.8%* | -5.4% | 21.4% | 50.08% |
| 5 Yr | 15.3%* | -2.1% | 108.6% | 6.84% |
| 10 Yr | N/A* | 2.0% | 52.4% | 76.44% |
* Annualized
Return Ranking - Calendar
| Period | IQSU Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 31.3% | -42.6% | 47.4% | 1.50% |
| 2022 | -23.2% | -56.3% | -4.2% | 67.03% |
| 2021 | 29.0% | -27.2% | 537.8% | 2.55% |
| 2020 | 26.7% | -22.5% | 2181.7% | 0.62% |
| 2019 | N/A | -13.5% | 40.4% | N/A |
Total Return Ranking - Trailing
| Period | IQSU Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 17.2% | -7.7% | 42.7% | 67.30% |
| 1 Yr | 19.1% | -7.3% | 42.1% | 64.98% |
| 3 Yr | 8.8%* | -5.4% | 21.4% | 50.08% |
| 5 Yr | 15.3%* | -2.1% | 108.6% | 6.84% |
| 10 Yr | N/A* | 2.0% | 52.4% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | IQSU Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 33.0% | -5.0% | 47.4% | 2.16% |
| 2022 | -22.1% | -36.8% | -2.2% | 92.47% |
| 2021 | 30.5% | 3.0% | 537.8% | 9.44% |
| 2020 | 28.2% | -15.8% | 2266.0% | 1.41% |
| 2019 | N/A | -0.4% | 241.3% | N/A |
IQSU - Holdings
Concentration Analysis
| IQSU | Category Low | Category High | IQSU % Rank | |
|---|---|---|---|---|
| Net Assets | 400 M | 2.34 M | 1.84 T | 73.10% |
| Number of Holdings | 298 | 2 | 3963 | 26.66% |
| Net Assets in Top 10 | 145 M | 880 K | 525 B | 73.51% |
| Weighting of Top 10 | 38.90% | 0.3% | 111.6% | 36.33% |
Top 10 Holdings
- Apple Inc 9.95%
- Microsoft Corp 8.71%
- NVIDIA Corp 6.23%
- Alphabet Inc 2.58%
- Tesla Inc 2.51%
- Alphabet Inc 2.15%
- UnitedHealth Group Inc 2.10%
- Visa Inc 1.65%
- Mastercard Inc 1.53%
- Procter Gamble Co/The 1.49%
Asset Allocation
| Weighting | Return Low | Return High | IQSU % Rank | |
|---|---|---|---|---|
| Stocks | 99.88% | 0.00% | 105.79% | 7.70% |
| Cash | 0.47% | 0.00% | 99.07% | 64.49% |
| Preferred Stocks | 0.00% | 0.00% | 2.15% | 50.91% |
| Other | 0.00% | -13.91% | 100.00% | 63.99% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 48.26% |
| Bonds | 0.00% | 0.00% | 93.85% | 51.99% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | IQSU % Rank | |
|---|---|---|---|---|
| Technology | 31.90% | 0.00% | 48.94% | 3.96% |
| Healthcare | 16.90% | 0.00% | 52.29% | 16.44% |
| Financial Services | 11.41% | 0.00% | 55.59% | 86.93% |
| Communication Services | 9.09% | 0.00% | 27.94% | 32.21% |
| Consumer Cyclical | 8.58% | 0.00% | 30.33% | 78.67% |
| Industrials | 6.35% | 0.00% | 29.90% | 93.34% |
| Consumer Defense | 6.33% | 0.00% | 47.71% | 65.94% |
| Real Estate | 3.78% | 0.00% | 31.91% | 18.30% |
| Basic Materials | 2.55% | 0.00% | 25.70% | 49.33% |
| Utilities | 1.60% | 0.00% | 20.91% | 72.93% |
| Energy | 1.53% | 0.00% | 41.64% | 81.45% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | IQSU % Rank | |
|---|---|---|---|---|
| US | 99.88% | 0.00% | 105.79% | 7.20% |
| Non US | 0.00% | 0.00% | 63.83% | 58.11% |
IQSU - Expenses
Operational Fees
| IQSU Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.10% | 0.01% | 19.75% | 94.08% |
| Management Fee | 0.09% | 0.00% | 1.90% | 9.57% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 10.92% |
| Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
| IQSU Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| IQSU Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| IQSU Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 268.00% | 20.67% |
IQSU - Distributions
Dividend Yield Analysis
| IQSU | Category Low | Category High | IQSU % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.16% | 0.00% | 25.47% | 57.76% |
Dividend Distribution Analysis
| IQSU | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| IQSU | Category Low | Category High | IQSU % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.35% | -54.00% | 2.44% | 11.34% |
Capital Gain Distribution Analysis
| IQSU | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 20, 2024 | $0.141 | OrdinaryDividend |
| Jun 21, 2024 | $0.119 | OrdinaryDividend |
| Mar 15, 2024 | $0.127 | OrdinaryDividend |
| Dec 15, 2023 | $0.123 | OrdinaryDividend |
| Sep 15, 2023 | $0.126 | OrdinaryDividend |
| Jun 16, 2023 | $0.115 | OrdinaryDividend |
| Mar 17, 2023 | $0.120 | OrdinaryDividend |
| Dec 16, 2022 | $0.135 | OrdinaryDividend |
| Sep 16, 2022 | $0.115 | OrdinaryDividend |
| Jun 17, 2022 | $0.106 | OrdinaryDividend |
| Mar 18, 2022 | $0.113 | OrdinaryDividend |
| Dec 20, 2021 | $0.130 | OrdinaryDividend |
| Sep 20, 2021 | $0.108 | OrdinaryDividend |
| Jun 21, 2021 | $0.102 | OrdinaryDividend |
| Mar 22, 2021 | $0.105 | OrdinaryDividend |
| Dec 30, 2020 | $0.085 | OrdinaryDividend |
| Sep 24, 2020 | $0.078 | OrdinaryDividend |
| Jun 24, 2020 | $0.045 | OrdinaryDividend |
| Mar 25, 2020 | $0.109 | OrdinaryDividend |
| Dec 30, 2019 | $0.015 | OrdinaryDividend |
IQSU - Fund Manager Analysis
Managers
Greg Barrato
Start Date
Tenure
Tenure Rank
Dec 17, 2019
2.45
2.5%
Mr. Barrato has managed the MainStay VP IQ Hedge Multi-Strategy Portfolio since inception. Mr. Barrato joined IndexIQ Advisors LLC as a Vice President in November 2010 and has been a Senior Vice President of the IndexIQ Advisors LLC since August 2013. Prior to joining IndexIQ Advisors LLC, Mr. Barrato served as Head Global Equity Trader and Trader at Lucerne Capital Management, LLC from 2008 to 2010 and as Assistant Trader and Operations Manager at ReachCapital Management, LP from 2004 to 2008. Mr. Barrato is a 2002 graduate of the University of Connecticut.
James Harrison
Start Date
Tenure
Tenure Rank
Dec 17, 2019
2.45
2.5%
James Harrison has been a member of the portfolio management team of IndexIQ Advisors LLC since 2015. Prior to joining IndexIQ, Mr. Harrison served as trading assistant, operations specialist and sales assistant at Cuttone & Company from 2010 to 2015. Mr. Harrison is a graduate of St. Lawrence University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.29 | 2.42 |
