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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
01/25/2023 |
$24.85 |
$24.87 |
$24.85 |
$24.87 |
800 | 01/26/2023 |
$24.86 |
$24.86 |
$24.86 |
$24.86 |
2.30K | 01/27/2023 |
$24.85 |
$24.85 |
$24.85 |
$24.85 |
0 | 01/30/2023 |
$24.82 |
$24.82 |
$24.82 |
$24.82 |
200 | 01/31/2023 |
$24.83 |
$24.84 |
$24.82 |
$24.84 |
8.80K |
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IQ Hedge Market Neutral Tracker is a non-diversified, open-end, management investment company. The Funds seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of the IQ Hedge Market Neutral Index, which seeks to track the "beta" portion of the returns (i.e., that portion of the returns of hedge funds that are non-idiosyncratic, or unrelated to manager skill) of hedge funds pursuing a market neutral strategy. As of Apr 30 2015, the Fund's total assets and investment portfolio totaled $13,286,818 and $13,229,599, respectively. | |
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Index IQ ETF Trust - IQ Hedge Market Neutral Tracker Exchange Traded Fund (QMN) has the following price history information. Looking back at QMN historical stock prices for the last five trading days, on January 25, 2023, QMN opened at $24.85, traded as high as $24.87 and as low as $24.85, and closed at $24.87. Trading volume was a total of 800 shares. On January 26, 2023, QMN opened at $24.86, traded as high as $24.86 and as low as $24.86, and closed at $24.86. Trading volume was a total of 2.30K shares. On January 27, 2023, QMN opened at $24.85, traded as high as $24.85 and as low as $24.85, and closed at $24.85. Trading volume was a total of 0 shares. On January 30, 2023, QMN opened at $24.82, traded as high as $24.82 and as low as $24.82, and closed at $24.82. Trading volume was a total of 200 shares. On January 31, 2023, QMN opened at $24.83, traded as high as $24.84 and as low as $24.82, and closed at $24.84. Trading volume was a total of 8.80K shares.
QMN Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Index IQ ETF Trust - IQ Hedge Market Neutral Tracker Exchange Traded Fund shares, starting with a $10,000 purchase of QMN, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
04/21/2014 |
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End date: |
01/31/2023 |
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Start price/share: |
$25.64 |
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End price/share: |
$24.84 |
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Starting shares: |
390.02 |
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Ending shares: |
415.76 |
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Dividends reinvested/share: |
$1.69 |
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Total return: |
3.27% |
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Average Annual Total Return: |
0.37% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,329.82 |
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Years: |
8.79 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/21/2014 |
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End date: |
01/31/2023 |
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Start price/share: |
$25.64 |
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End price/share: |
$24.84 |
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Dividends collected/share: |
$1.69 |
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Total return: |
3.48% |
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Average Annual Total Return: |
0.39% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,347.91 |
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Years: |
8.79 |
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Date |
Close |
01/25/2023 | $24.87 | 01/26/2023 | $24.86 | 01/27/2023 | $24.85 | 01/30/2023 | $24.82 | 01/31/2023 | $24.84 |
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