As of February 7, 2023, IndexIQ ETF Trust - IQ Hedge Macro Tracker ETF has gone out of business. IndexIQ ETF Trust - IQ Hedge Macro Tracker ETF is an exchange traded fund of funds launched by New York Life Investment Management LLC. It is managed by IndexIQ Advisors LLC. It invests through derivatives and through other funds in public equity, fixed income, currency and commodity markets of global region. The fund employs long/short strategy and uses derivatives such as futures to create its portfolio. For its equity portion, it invests through other funds in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, it invests in funds which invest in U.S. investment grade corporate debt, U.S. government bonds with short-term, intermediate-term and long-term maturity obligations, U.S. floating rate bonds, U.S. high yield debt and foreign sovereign debt. The fund also invests through other funds in U.S. and foreign real estate investment trusts, and commodities. The fund seeks to track the performance of IQ Hedge Macro Index, by using full replication technique. IndexIQ ETF Trust - IQ Hedge Macro Tracker ETF was formed on June 9, 2009 and is domiciled in the United States.