# NYLI Hedge Multi-Strategy Tracker ETF (QAI)

> Source: Nexqual · https://nexqual.com/QAI · data as of 2026-10-23 19:59 UTC · cite as "Nexqual, NYLI Hedge Multi-Strategy Tracker ETF (QAI), nexqual.com/QAI" · informational, not investment advice.

**Price:** USD 35.58 (-0.20% on the day) · last close of Oct 23, 2026; US market after hours, not a live price. Prev close 35.65 · day 35.53–35.6 · 52w 33–36.9 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y +6.3% vs S&P 500 +14.4%; 5Y +22.4% vs S&P 500 +77.0%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +6.3% | +22.4% |
| S&P 500 (SPY) | +14.4% | +77.0% |
| Per year | +6.3% | +4.1% |
| Volatility (annualized) | 7.1% | 6.2% |
| Max drawdown | -3.7% (Feb 2026→Mar 2026) | -14.0% (Nov 2021→Oct 2022) |

## Peers
MNA (NYLIM Merger Arbitrage ETF) USD 36.9 -0.00% · HDG (ProShares Hedge Replication ETF) USD 53.37 -0.26% · FTLS (First Trust Long/Short Equity) USD 76.57 -0.05% · CSM (ProShares Large Cap Core Plus) USD 86.5 -0.78% · RLY (State Street Multi-Asset Real R) USD 37.39 +0.70%

## More
Full page: https://nexqual.com/QAI · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt