NYLI Candriam U.S. Mid Cap Equity ETF

Frequently Asked Questions About IQSM

What does IQSM invest in?

The NYLI Candriam U.S. Mid Cap Equity ETF, trading under the symbol IQSM, strives to replicate the overall financial performance—both capital appreciation and income generation—of the NYLI Candriam U.S. Mid Cap Equity Index, prior to accounting for fees and operating costs. This fund passively tracks an index designed to offer investors access to shares of U.S. companies with medium market capitalizations, specifically those that fulfill environmental, social, and governance (ESG) benchmarks originally developed by Candriam.

What is the expense ratio of IQSM?

NYLI Candriam U.S. Mid Cap Equity ETF (IQSM) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

How big is IQSM?

NYLI Candriam U.S. Mid Cap Equity ETF (IQSM) manages $336.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is IQSM actively managed or an index fund?

IQSM's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was IQSM launched?

NYLI Candriam U.S. Mid Cap Equity ETF (IQSM) launched in October 2022 and is managed by NY Life Investments.

How has IQSM performed?

IQSM's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.