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IQ Chaikin U.S. Small Cap ETF (CSML)

ETF Overview

Summary

IQ Chaikin U.S. Small Cap ETF seeks investment results that track (before fees and expenses) the price and yield performance of its underlying index, the NASDAQ Chaikin Power US Small Cap Index (the “Underlying Index”). IQ Chaikin U.S. Small Cap ETF (CSML) provides exposure to domestic small--cap equities through a multi-factor model, The Chaikin Power Gauge. The diversified U.S. Small Cap Fund can serve as a core component to a portfolio.

The Chaikin Power Gauge is a 20 factor quantitative model which combines fundamental, earnings, technical and sentiment components to select stocks with the potential to provide enhanced returns over time. The Fund typically consists of 200-350 equally weighted securities with the highest Power Gauge ratings.

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Pricing  

Pricing   

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1 Month 3 Month YTD 1 Year 3 Year 5 Year Since Inception*
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Fund History (%)
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Index History (%)
Index History (%)
QTD YTD 1 Year 3 Year 5 Year Since Inception3
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Fund History (%)
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QTD YTD 1 Year 3 Year 5 Year Since Inception3
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The performance data quoted above represents past performance. Past performance is not a guarantee of future results. Investment return and value of the Fund shares will fluctuate so that an investor's shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than performance data quoted. Fund returns reflect dividends and capital gains distributions. Index performance is for illustrative purposes only and does not represent actual Fund performance. One cannot invest directly in an index. Performance data for the Index assumes reinvestment of dividends and is net of the management fees for the Index's components, as applicable, but it does not reflect management fees, transaction costs or other expenses that you would pay if you invested in the Fund directly.

Before you invest:

As with all investments, there are certain risks of investing in the Fund.

The Underlying Index may not be successful in replicating the performance of its target strategies. The Underlying Index seeks to provide exposure to small-cap equity securities that are expected to outperform peers, based upon a quantitative multi-factor model. There is no guarantee that the construction methodology of the Underlying Index will accurately provide exposure to equity securities that outperform their peers. Furthermore, an investment in a security that outperforms its peers may still lose money.  
Stocks of small-cap companies may be subject to greater price volatility, significantly lower trading volumes, temporary illiquidity, cyclical, static, or moderate growth prospects, and greater spreads between their bid and ask prices than stocks of larger companies. Stock prices of small-capitalization companies may be more volatile than those of larger companies and, therefore, the Fund’s share price may be more volatile than those of funds that invest a larger percentage of their assets in stocks issued by mid- or large-capitalization companies. Stock prices of small-capitalization companies are generally more vulnerable than those of mid- or large-capitalization companies to adverse business and economic developments. Securities of small-capitalization companies may be thinly traded, making it difficult for the Fund to buy and sell them. In addition, small-capitalization companies are typically less financially stable than larger, more established companies. 
The Fund is a new fund. As a new fund, there can be no assurance that it will grow to or maintain an economically viable size, in which case, it may experience greater tracking error to its Underlying Index than it otherwise would at higher asset levels, or it could ultimately liquidate.
The NASDAQ US 1500 Index contains up to the 1500 largest securities in the NASDAQ US Small Cap Index. The Russell 2000 Index is a small-cap stock market index of the bottom 2,000 stocks in the Russell 3000 Index.

Returns less than 1 year are cumulative; all other returns are annualized.

* Fund Inception Date: May 16, 2017. The Index and Fund performance since inception in the table above is based on the Fund inception date. The Index inception date is April 1, 2014.

1. IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by Solactive AG that approximates the Fund's NAV every 15 seconds throughout the trading day.

2. As stated in the Fund's prospectus, the Management Fee of 0.35% is expressed as a
unitary fee to cover expenses incurred in connection with managing the portfolio, which
has been estimated for the Fund’s current fiscal year. The Fund has Total Annual Fund Operating Expenses of 0.36%.

3. IndexIQ Advisors LLC (the "Advisor") has contractually agreed, until August 31, 2018, to waive or reduce its management fee and/or reimburse expenses of the Fund in an amount that limits “Total Annual Fund Operating Expenses” (exclusive of interest, taxes, brokerage fees and commissions, dividends paid on short sales, acquired fund fees and expenses, and extraordinary expenses) to not more than 0.35% of the average daily net assets of the Fund.

Nasdaq® and NASDAQ Chaikin Power U.S. Small Cap Index are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by IndexIQ. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).

IndexIQ shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total Returns are calculated using the daily 4:00 pm ET net asset value (NAV). Market price returns reflect the share price as of the close of trading on the exchange where Fund shares are listed. Beginning on May 31, 2016, the price used to calculate the market price returns is the mean between the day’s last bid and ask prices. Prior to May 31, 2016, market price returns were calculated using the day’s closing price on the fund’s primary exchange. The market price returns do not represent returns an investor would receive if shares were traded at other times.

Holdings  

Holdings   

Top Holdings
Weight
*Holdings are subject to change without notice.