MSTQvsQAIETF Comparison
LHA Market State Tactical Q ETF (MSTQ) belongs to the Alternatives segment. NYLI Hedge Multi-Strategy Tracker ETF (QAI) is part of the Multi-Asset: Other segment. MSTQ is more expensive with a Total Expense Ratio (TER) of 1.59%, versus 1.1% for QAI. MSTQ is down -3.9% year-to-date (YTD) with +$4M in YTD flows. QAI performs better with 2.64% YTD performance, and -$29M in YTD flows. Run a side-by-side ETF comparison of MSTQ and QAI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
MSTQ vs QAI performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MSTQ QAI | -3.16%+0.49% | -5.56%+0.97% | -3.90%+2.64% | +28.60%+16.79% | +70.28%+26.73% | n/a+18.77% |
| Flows | MSTQ QAI | --$8K | +$4M-$29M | +$4M-$29M | +$8M+$9M | +$25M+$56M | --$32M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MSTQ QAI | +13.97%+7.95% | +16.06%+6.77% | +16.67%+5.71% | n/a+6.12% |
| Max drawdown | MSTQ QAI | -9.43%-3.74% | -12.13%-3.74% | -15.38%-7.75% | n/a-14.38% |
| Max drawdown duration | MSTQ QAI | 69d40d | 160d40d | 148d127d | n/a903d |
MSTQ | QAI | |
Last sale 4/7/2026 at 1:30 PM | $33.03 | $34.44 |
| Previous close 04/07/2026 | $33.12 | $34.39 |
| Consolidated volume 04/07/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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MSTQ | QAI | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
MSTQ | QAI | |
|---|---|---|
| Last price | $33.03 | $34.44 |
| 1D performance | -0.28% | +0.15% |
| AuM | $32.24 M | $767.18 M |
| E/R | 1.59% | 1.1% |
MSTQ | QAI | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Little Harbor Advisor | New York Life Investments |
| Benchmark | - | NYLI Hedge Multi-Strategy Index |
| N° of holdings | 1 | - |
| Asset class | - | Alternative |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 15, 2022 | March 25, 2009 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 4 holdings out of 4
