IQ Real Return ETF (CPI)
IQ Real Return ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $25.60, down 0.02% on the session, giving a market capitalisation of $6.5M. Its beta of 0.56 implies it has historically moved less than the broad market.
This ETF aims to offer investors protection against inflation. It achieves this by providing broad investment in assets that are anticipated to benefit from rising consumer costs and have historically shown a strong positive alignment with the Consumer Price Index (CPI) over extended periods. The fund primarily allocates its capital to the securities that make up its benchmark index, which is composed exclusively of U.S. Treasury Inflation-Protected Securities (TIPS).
IQ Real Return ETF is most often compared with the following Financial Services names: