NYLI CAN U.S. Mid Cap Equity E-USD Fund logo

NYLI CAN U.S. Mid Cap Equity E-USD Fund (IQSM)

Market Closed
1 Jul, 20:00
ARCA ARCA
$
32. 53
+0.29
+0.9%
$
209.06M Market Cap
0.27% Div Yield
700 Volume
$ 32.24
Previous Close
Day Range
32.53 32.65
Year Range
26.78 35.34
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IQSM: ESG And Quality Don't Always Align

IQSM: ESG And Quality Don't Always Align

IQSM offers exposure to 220 mid-cap stocks that have passed a proprietary ESG screening system. Its expense ratio is 0.15% and the ETF has $234 million in assets under management. IQSM has a slight growth lean, evidenced by higher estimated sales and earnings growth rates and higher valuation ratios. The ETF currently trades at 17.75x forward earnings. However, IQSM has consistently experienced larger drawdowns than SPMD, a broad-based ETF tracking the S&P MidCap 400 Index.

Seekingalpha | 9 months ago