QAI vs TOAK
NYLIM Hedge Multi-Strategy Tracker ETF against Twin Oak Short Horizon Absolute Return ETF: cost, size, returns, what they hold and how much of it is the same.
Fee gap
63 bp
TOAK is cheaper
1-year return gap
2.2 pts
QAI is ahead
Larger fund
QAI
$996M
Side by side
| QAI | TOAK | |
|---|---|---|
| Fund | NYLIM Hedge Multi-Strategy Tracker ETF | Twin Oak Short Horizon Absolute Return ETF |
| Issuer | New York Life | Twin Oak |
| Category | Long/Short & Market Neutral | Long/Short & Market Neutral |
| Expense ratio | 0.88% | 0.25% |
| Assets | $996M | $90M |
| Average daily dollar volume | $1.9M | $209K |
| Listed | Mar 25, 2009 | Aug 19, 2024 |
| FrenzyCap score | 51 | 42 |
| 1-month return | −1.6% | +0.4% |
| 3-month return | −0.6% | +1.3% |
| Year to date | +7.0% | +2.8% |
| 1-year return | +5.7% | +3.5% |
| 30-day volatility | 6.1% | 0.5% |
| Worst drawdown, 1 year | −3.7% | −1.8% |
| Trailing 12-month yield | 1.41% | — |
| Holdings | 128 | 3 |
| Top 10 weight | 70.2% | 99.9% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$28M thru Jul 2026 | +$11M thru May 2026 |
| 30-day implied volatility | 50.2% | — |
| Holdings as of | as of Jul 31, 2026SEC filing | as of May 31, 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.
More: full overlap table · QAI holdings · TOAK 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.