OCIO vs QAI
ClearShares OCIO ETF against NYLIM Hedge Multi-Strategy Tracker ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
9%
5 shared positions
Fee gap
23 bp
OCIO is cheaper
1-year return gap
5.3 pts
QAI is ahead
Larger fund
QAI
$1.0B
Side by side
| OCIO | QAI | |
|---|---|---|
| Fund | ClearShares OCIO ETF | NYLIM Hedge Multi-Strategy Tracker ETF |
| Issuer | ClearShares | New York Life |
| Category | Allocation | Long/Short & Market Neutral |
| Expense ratio | 0.65% | 0.88% |
| Assets | $174M | $1.0B |
| Average daily dollar volume | $82K | $1.8M |
| Listed | Jun 26, 2017 | Mar 25, 2009 |
| FrenzyCap score | 40 | 52 |
| 1-month return | +1.4% | −0.2% |
| 3-month return | +2.7% | 0.0% |
| Year to date | +10.0% | +7.9% |
| 1-year return | +1.7% | +7.0% |
| 30-day volatility | 9.1% | 5.3% |
| Worst drawdown, 1 year | −12.5% | −3.7% |
| Trailing 12-month yield | 9.17% | 1.39% |
| Holdings | 66 | 114 |
| Top 10 weight | 49.2% | 67.7% |
| Look-through P/E | 28.8 | — |
| Holdings vs fair value | −2.4% | — |
| Holdings above 200-day average | 83% | — |
| Net flow, latest 3 reported months | −$13M thru May 2026 | +$28M thru Jul 2026 |
| 30-day implied volatility | — | 101.0% |
| Holdings as of | as of May 31, 2026SEC filing | as of Apr 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
10% of OCIO · 22% of QAI
Sector mix of the stock holdings
| Sector | OCIO | QAI | Gap |
|---|---|---|---|
| Technology | 1.3% | 0.0% | +1.3% |
| Consumer Discretionary | 0.4% | 0.0% | +0.4% |
| Health Care | 0.1% | 0.0% | +0.1% |
| Energy | 0.1% | 0.0% | +0.1% |
| Industrials | 0.1% | 0.0% | +0.1% |
| Financials | 0.0% | 0.0% | +0.0% |
More: full overlap table · OCIO holdings · QAI holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.