Any thoughts on the new hedge fund ETF that launched last week?
Symbol is QAI
Thoughts?
Best Answer
2183 points
ChaosNantuko answered 8 months ago …
Its an interesting idea. Having a small part of your portfolio in this etf would definitely help you from a diversification standpoint, even if on average, the ETF doesn't beat the market. This is because hedge funds typically have a weak correlation to the market. That being said, i'd give it at least a couple months to see if it *works*. There's a good chance its performance won't go quite as planned (Correlates to strongly to the market, or some other similar problem), and if so, then its just a gamble.
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readytoretire answered 8 months ago …
Interesting concept. If they can pull it off, it will grow quickly and would cause trouble for the hedge funds to justify the fees they currently command. That said, the concept is easy to say, much tougher to pull off. They are pulling data on public hedge funds, so they are not seeing the entire population. It will be interesting to see how they do.
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