Summary
QAI
Prices · period metrics · 12M
NAV as of 20/07/2026
02/04/2025 → 02/04/2026
Return 11.96% Volatility 7.57% Sharpe 0.95
Official loaded data — not a live quote.

NYLI HEDGE MULTI-STRATEGY TRACKER ETF

Symbol: QAI

Exchange: NYSE

Sector: Technology

Category: Multistrategy

Inception date: 25/03/2009

Latest date: 20/07/2026

Current price: $35.97

Expense ratio: 0.88%

Assets under management
$1.0B
0.17% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

-2.20%

Ann. -13.29% (Sharpe / Sortino numerator)

Volatility

9.55%

Sharpe ratio

-1.771

VaR 95%

-1.01%

CVaR 95%: -1.05%
Max drawdown: -2.63%
Sortino ratio: -2.817
Calmar ratio: -5.05

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

1.52%

Ann. 7.55% (Sharpe / Sortino numerator)

Volatility

7.94%

Sharpe ratio

0.494

VaR 95%

-0.95%

CVaR 95%: -1.01%
Max drawdown: -3.71%
Sortino ratio: 0.724
Calmar ratio: 2.03

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

5.55%

Ann. 6.96% (Sharpe / Sortino numerator)

Volatility

7.06%

Sharpe ratio

0.473

VaR 95%

-0.81%

CVaR 95%: -0.98%
Max drawdown: -3.71%
Sortino ratio: 0.659
Calmar ratio: 1.88

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

11.96%

Ann. 10.83% (Sharpe / Sortino numerator)

Volatility

7.57%

Sharpe ratio

0.952

VaR 95%

-0.66%

CVaR 95%: -1.15%
Max drawdown: -3.88%
Sortino ratio: 1.119
Calmar ratio: 2.80

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

18.89%

Ann. 7.60% (Sharpe / Sortino numerator)

Volatility

6.61%

Sharpe ratio

0.601

VaR 95%

-0.65%

CVaR 95%: -0.98%
Max drawdown: -7.78%
Sortino ratio: 0.755
Calmar ratio: 0.98

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

28.61%

Ann. 8.32% (Sharpe / Sortino numerator)

Volatility

6.00%

Sharpe ratio

0.782

VaR 95%

-0.57%

CVaR 95%: -0.87%
Max drawdown: -7.78%
Sortino ratio: 1.017
Calmar ratio: 1.07

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 21/07/2025 - 20/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.046%

Best day

1.246%

31/03/2026
Worst day

-1.725%

05/06/2026
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
20/07/2026 $35.91 $36.10 $35.91 $35.97 113,100
17/07/2026 $36.01 $36.06 $35.85 $35.97 35,900
16/07/2026 $36.21 $36.21 $36.03 $36.09 41,700
15/07/2026 $36.27 $36.30 $36.15 $36.23 29,800
14/07/2026 $36.13 $36.32 $36.13 $36.28 30,000
13/07/2026 $36.18 $36.25 $36.12 $36.17 40,800
10/07/2026 $36.38 $36.41 $36.32 $36.34 23,800
09/07/2026 $36.12 $36.38 $36.12 $36.30 29,900
08/07/2026 $35.91 $36.18 $35.91 $36.15 92,200
07/07/2026 $36.52 $36.76 $36.18 $36.21 129,200