# Portfolio overlap — QAI vs ERY

Comparing **NYLI Hedge Multi-Strategy Tracker ETF** (2026-04-30) and **Direxion Daily Energy Bear 2X Shares** (2026-04-30).

- Shared positions: 1
- NYLI Hedge Multi-Strategy Tracker ETF covered by Direxion Daily Energy Bear 2X Shares: 0.1252479530913947139102236159
- Direxion Daily Energy Bear 2X Shares covered by NYLI Hedge Multi-Strategy Tracker ETF: 0.1252479530913947139102236159

## NYLI Hedge Multi-Strategy Tracker ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| ISHARES FLOATING RATE BOND ETF | 0.148672 |  |
| DREYFUS GOVT CASH MGMT FUND | 0.125248 | ✓ |
| Franklin Senior Loan ETF | 0.072801 |  |
| Vanguard Tax Managed Funds FTSE DEVELOPED MKTS ETF | 0.070437 |  |
| VANGUARD SHORT TERM TREASURY ETF | 0.065717 |  |
| ISHARES CORE S+P SMALL CAP ETF ISHARES CORE S+P SMALL CAP E | 0.049437 |  |
| State Street SPDR Bloomberg Investment Grade Floating Rate ETF | 0.044678 |  |
| ISHARES MSCI USA MOMENTUM FA MUTUAL FUND | 0.038049 |  |
| ISHARES MSCI EMR MRK EX CHNA MUTUAL FUND | 0.037884 |  |
| ISHARES NATIONAL MUNI BOND ETF ISHARES NATIONAL MUNI BOND E | 0.032908 |  |
| ISHARES CONVT BD | 0.031860 |  |
| VANGUARD TAX-EXM | 0.031823 |  |
| State Street SPDR Bloomberg Convertible Securities ETF | 0.027219 |  |
| NYLI Merger Arbitrage ETF | 0.025691 |  |
| IMGP DBI MANAGED FUTURES STR MUTUAL FUND | 0.021807 |  |
| GLOBAL X US PREFERRED ETF MUTUAL FUND | 0.019501 |  |
| State Street Communication Services Select Sector SPDR ETF | 0.017756 |  |
| Invesco DB Agriculture Fund | 0.017014 |  |
| ISHARES MSCI CHINA ETF MUTUAL FUND | 0.014084 |  |
| Invesco DB US Dollar Index Bullish Fund | 0.012773 |  |
| STATE STREET SPDR PORTFOLIO HI SS SPDR P HIGH YIELD ETF | 0.012427 |  |
| abrdn Bloomberg All Commodity Strategy K-1 Free ETF | 0.011264 |  |
| AltShares Merger Arbitrage ETF | 0.010714 |  |
| Simplify Managed Futures Strategy ETF | 0.010381 |  |
| TECHNOLOGY SELECT SECT SPDR MUTUAL FUND | 0.009443 |  |
| FRANKLIN FTSE INDIA ETF | 0.008427 |  |
| VANECK ETF TRUST ALTERNATIVE ASSET MANAGER ETF | 0.006570 |  |
| State StreetFinSelSectSPDRETF | 0.004939 |  |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strategy NO K-1 ETF | 0.004434 |  |
| Vanguard Mortgage-Backed Securities ETF - Class USD INC | 0.004052 |  |
| XTRACKERS USD HIGH YIELD CORPORATE BOND ETF CL USD INC 0.00000000 | 0.003886 |  |
| iShares U.S. Aerospace & Defense ETF | 0.001808 |  |
| JPMORGAN EQUITY PREMIUM INCOME ETF | 0.001703 |  |
| abrdn Silver ETF Trust PHYSICAL SILVER SHARES ETF | 0.001022 |  |
| FNK FTSE CH ETF | 0.000580 |  |
| iShares Semiconductor ETF | 0.000460 |  |
| TRS ISHARES MSCI USA MOMENTUM FACTOR ETF | 0.000412 |  |
| TRS ISHARES MSCI EMERGING MARKETS EX CHINA ETF | 0.000360 |  |
| TRS VANGUARD FTSE DEVELOPED MARKETS ETF | 0.000340 |  |
| TRS ISHARES CORE S&P SMALL-CAP ETF | 0.000319 |  |
| TRS ISHARES CONVERTIBLE BOND ETF | 0.000213 |  |
| TRS UNITED STATES NATURAL GAS FUND LP | 0.000202 |  |
| TRS SPDR BLOOMBERG CONVERTIBLE SECURITIES ETF | 0.000176 |  |
| State Street Technology Select Sector SPDR ETF | 0.000092 |  |
| STATE STREET COMMUNICATION SER | 0.000058 |  |
| TRS CTA INDEX | 0.000047 |  |
| TRS GLOBAL X US PREFERRED ETF | 0.000046 |  |
| TRS VANECK ALTERNATIVE ASSET MANAGER ETF | 0.000046 |  |
| TRS FRANKLIN FTSE INDIA ETF | 0.000034 |  |
| TRS ABRDN BLOOMBERG ALL COMMODITY STRATEGY K-1 FREE ETF | 0.000029 |  |

## Direxion Daily Energy Bear 2X Shares — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| DREYFUS GOVT CASH MGMT FUND | 0.796616 | ✓ |
| GOLDMAN FINL SQ TRSRY INST 506 | 0.107482 |  |
| GOLDMAN SACHS FIN GOV 465 INSTITUT | 0.084625 |  |
| US ULTRA BOND CBT Sep25 | 0.011277 |  |


## Sources

- N-PORT (fund A) — accession `0000940400-26-025064` (as of 2026-04-30)
  <https://www.sec.gov/Archives/edgar/data/1415995/000094040026025064/0000940400-26-025064-index.htm>
- N-PORT (fund B) — accession `0001193125-26-287335` (as of 2026-04-30)
  <https://www.sec.gov/Archives/edgar/data/1424958/000119312526287335/0001193125-26-287335-index.htm>

---

_Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._

_Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._

_Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See <https://fundwatcher.app/terms/>_