IQ Short Duration Enhanced Core Bond U.S. ETF (SDAG) is an exchange-traded fund that seeks investment results tracking the price and yield performance, before fees and expenses, of the IQ Short Duration Enhanced Core Bond U.S. Index. The underlying index applies a momentum investing strategy to outperform the short-duration, U.S. dollar-denominated, taxable fixed-income universe, with the ETF investing in a portfolio of short-term fixed income exchange-traded products (ETPs) across sectors including U.S. Treasuries, investment-grade corporate bonds, high-yield bonds, and floating-rate debt. Launched on December 26, 2018, and issued by IndexIQ ETF Trust--a provider of innovative ETFs managed by IndexIQ Advisors LLC, an indirect wholly-owned subsidiary of New York Life Investment Management Holdings LLC headquartered in New York, New York--SDAG targets investors seeking enhanced returns in short-duration U.S. bond strategies. The fund operates primarily in U.S. fixed income markets, serving retail and institutional investors through its liquid, transparent ETF structure traded on NYSE Arca. No major strategic changes, such as acquisitions, partnerships, funding rounds, new product launches related to SDAG, or operational shifts have occurred for the ETF or its sponsor within the last one to two years.