FIDU vs. LRND ETF Comparison

Comparison of Fidelity MSCI Industrials Index ETF (FIDU) to IQ U.S. Large Cap R&D Leaders ETF (LRND)

FIDU

Fidelity MSCI Industrials Index ETF

FIDU Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Industrials Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Industrials Index, which represents the performance of the industrial sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Industrials Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.71

Average Daily Volume

91,787

Number of Holdings ^*

348

* may have additional holdings in another (foreign) market

LRND

IQ U.S. Large Cap R&D Leaders ETF

LRND Description

IQ U.S. Large Cap R&D Leaders ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is managed by IndexIQ Advisors LLC. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of large-cap companies. The fund seeks to track the performance of the IQ U.S. Large Cap R&D Leaders Index, by using full replication technique. IQ U.S. Large Cap R&D Leaders ETF was formed on December 14, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.24

Average Daily Volume

365

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FIDU	LRND
30 Days	5.32%	2.38%
60 Days	6.66%	1.49%
90 Days	9.18%	1.85%
12 Months	31.13%	30.82%

12 Overlapping Holdings

Symbol	Grade	Weight in FIDU	Weight in LRND	Overlap
BA	F	1.86%	0.62%	0.62%
CAT	B	3.22%	0.45%	0.45%
CMI	C	0.79%	0.33%	0.33%
CNH	D	0.18%	0.21%	0.18%
DE	B	2.0%	0.46%	0.46%
GE	B	3.58%	0.43%	0.43%
HON	D	2.61%	0.27%	0.27%
LMT	C	2.41%	0.36%	0.36%
MMM	B	1.42%	0.46%	0.46%
NOC	B	1.43%	0.28%	0.28%
RTX	C	3.12%	0.64%	0.64%
UBER	C	2.59%	0.65%	0.65%

FIDU Overweight 336 Positions Relative to LRND

Symbol	Grade	Weight
UNP	C	2.97%
ETN	C	2.34%
ADP	B	2.23%
UPS	D	1.84%
WM	D	1.64%
TT	B	1.58%
PH	B	1.48%
CTAS	B	1.47%
TDG	B	1.46%
ITW	C	1.45%
GD	B	1.37%
FDX	C	1.3%
CSX	D	1.28%
CARR	B	1.18%
NSC	C	1.13%
GEV	B	1.13%
EMR	D	1.12%
PCAR	D	0.97%
JCI	B	0.94%
WCN	D	0.94%
URI	B	0.92%
RSG	D	0.89%
GWW	B	0.86%
LHX	C	0.85%
PAYX	C	0.85%
CPRT	D	0.84%
FAST	C	0.78%
PWR	B	0.76%
VRSK	D	0.76%
AME	C	0.75%
OTIS	C	0.74%
ODFL	D	0.73%
HWM	B	0.72%
EFX	B	0.72%
IR	C	0.71%
XYL	D	0.62%
ROK	D	0.58%
VRT	C	0.58%
WAB	A	0.57%
VLTO	C	0.53%
AXON	B	0.51%
DOV	B	0.5%
FTV	C	0.5%
BR	D	0.49%
HUBB	B	0.42%
BLDR	C	0.41%
LDOS	B	0.39%
BAH	C	0.39%
TRU	B	0.37%
CSL	B	0.37%
LII	B	0.36%
J	C	0.35%
EME	B	0.35%
MAS	B	0.34%
EXPD	C	0.34%
WSO	C	0.32%
SSNC	B	0.32%
TXT	D	0.32%
SWK	B	0.3%
PNR	B	0.29%
SNA	C	0.29%
IEX	D	0.29%
HEI	B	0.29%
JBHT	D	0.28%
ROL	C	0.28%
NDSN	C	0.27%
GGG	C	0.27%
OC	D	0.27%
ACM	B	0.26%
TTEK	C	0.25%
CLH	A	0.24%
CW	B	0.23%
CHRW	B	0.23%
FIX	B	0.23%
XPO	D	0.23%
ALLE	B	0.23%
HEI	B	0.22%
SAIA	D	0.22%
CACI	B	0.21%
NVT	D	0.21%
ITT	B	0.21%
WMS	D	0.2%
LECO	F	0.2%
WWD	D	0.2%
HII	D	0.2%
AOS	D	0.19%
RRX	C	0.19%
DAY	D	0.18%
DCI	C	0.17%
PAYC	D	0.17%
TTC	D	0.17%
GNRC	D	0.17%
BWXT	D	0.17%
KNX	C	0.16%
KBR	D	0.16%
WCC	D	0.15%
CNM	F	0.15%
ALSN	B	0.15%
AYI	B	0.15%
FLR	D	0.15%
AIT	A	0.15%
FCN	D	0.15%
RBC	C	0.15%
SAIC	C	0.14%
TREX	D	0.14%
APG	D	0.14%
MIDD	D	0.14%
UFPI	C	0.14%
PCTY	C	0.14%
DAL	C	0.14%
CR	C	0.14%
MLI	B	0.14%
WSC	D	0.14%
SSD	D	0.14%
OSK	F	0.13%
LSTR	D	0.13%
MSA	D	0.13%
UHAL	A	0.13%
RHI	D	0.13%
MTZ	B	0.13%
GXO	D	0.12%
SITE	C	0.12%
CWST	D	0.12%
FLS	D	0.12%
AZEK	C	0.12%
AAON	B	0.12%
DY	B	0.11%
MOG.A	B	0.11%
VMI	D	0.11%
ESAB	C	0.11%
AGCO	D	0.11%
SRCL	A	0.11%
R	A	0.11%
EXLS	B	0.11%
MDU	C	0.1%
CSWI	B	0.1%
HXL	F	0.1%
BECN	D	0.1%
FSS	D	0.1%
AVAV	C	0.1%
ST	D	0.1%
WTS	C	0.1%
MMS	C	0.1%
TKR	D	0.1%
EXPO	B	0.1%
AWI	B	0.1%
AL	D	0.09%
GATX	D	0.09%
LYFT	D	0.09%
PSN	B	0.09%
BCO	B	0.09%
GTLS	F	0.09%
ZWS	A	0.09%
BCC	C	0.09%
ENS	D	0.08%
SPR	D	0.08%
ACA	B	0.08%
RUN	C	0.08%
VRRM	D	0.08%
LUV	C	0.08%
MAN	C	0.07%
TEX	F	0.07%
GTES	C	0.07%
MSM	D	0.07%
HRI	D	0.07%
STRL	B	0.07%
KAI	C	0.07%
KFY	B	0.07%
FELE	C	0.07%
PRIM	B	0.06%
ALIT	D	0.06%
ACVA	B	0.06%
NPO	D	0.06%
RUSHA	C	0.06%
CBZ	F	0.06%
ESE	B	0.06%
RXO	D	0.06%
ATKR	F	0.06%
ICFI	B	0.06%
MWA	B	0.06%
NSP	F	0.06%
ABM	D	0.06%
TNET	F	0.06%
BRC	C	0.06%
GVA	B	0.06%
KTOS	C	0.06%
DNB	C	0.06%
GMS	D	0.06%
ARCB	D	0.05%
AIR	C	0.05%
HNI	C	0.05%
GFF	D	0.05%
TRN	D	0.05%
MGRC	F	0.05%
AIN	D	0.05%
REZI	D	0.05%
CNXC	F	0.05%
ROAD	B	0.05%
HUBG	C	0.05%
JBT	D	0.05%
UNF	C	0.05%
ALG	D	0.04%
MRCY	D	0.04%
HI	F	0.04%
KMT	B	0.04%
MLKN	D	0.04%
HURN	C	0.04%
SXI	C	0.04%
RKLB	C	0.04%
CLVT	D	0.04%
ROCK	D	0.04%
HAYW	C	0.04%
AZZ	D	0.04%
EPAC	B	0.04%
BE	F	0.04%
WERN	D	0.04%
NVEE	F	0.03%
LNN	D	0.03%
REVG	D	0.03%
ENVX	F	0.03%
AMWD	D	0.03%
CMPR	F	0.03%
CSGS	C	0.03%
HLIO	D	0.03%
FLNC	C	0.03%
HEES	D	0.03%
APOG	B	0.03%
VSEC	C	0.03%
JBI	F	0.03%
GBX	C	0.03%
IESC	D	0.03%
CXW	F	0.03%
BLBD	D	0.03%
SNDR	B	0.03%
PLUG	F	0.03%
MYRG	F	0.03%
POWL	C	0.03%
TNC	F	0.03%
B	D	0.03%
KEX	C	0.03%
GEO	F	0.03%
KAR	D	0.03%
VSTS	D	0.03%
AAL	D	0.03%
BXC	D	0.02%
CECO	D	0.02%
HCSG	C	0.02%
NVRI	D	0.02%
AMSC	D	0.02%
VICR	D	0.02%
DCO	A	0.02%
WNC	F	0.02%
DLX	F	0.02%
ERII	D	0.02%
CMCO	F	0.02%
MEG	F	0.02%
BV	C	0.02%
BBSI	B	0.02%
DRVN	C	0.02%
CDRE	C	0.02%
THR	D	0.02%
JOBY	F	0.02%
FA	B	0.02%
ARRY	F	0.02%
MRC	D	0.02%
TPC	C	0.02%
TGI	F	0.02%
MRTN	D	0.02%
TILE	B	0.02%
AMRC	C	0.02%
SHLS	D	0.02%
TRNS	D	0.02%
CRAI	D	0.02%
MATX	B	0.02%
KFRC	D	0.02%
AGX	B	0.02%
SCS	D	0.02%
JELD	D	0.02%
UPWK	D	0.02%
PYCR	D	0.02%
NX	F	0.02%
ALK	C	0.02%
CAR	F	0.02%
DNOW	D	0.02%
ATSG	D	0.01%
TITN	F	0.01%
PLPC	D	0.01%
DDD	F	0.01%
DSGR	B	0.01%
HDSN	D	0.01%
ULH	C	0.01%
HTZ	F	0.01%
MTW	F	0.01%
RUSHB	C	0.01%
PL	F	0.01%
TWI	D	0.01%
FC	D	0.01%
LYTS	C	0.01%
NPK	D	0.01%
SRCL	A	0.01%
JBLU	D	0.01%
HY	F	0.01%
LQDT	B	0.01%
ACCO	C	0.01%
CHPT	F	0.01%
ATRO	D	0.01%
PBI	D	0.01%
IIIN	D	0.01%
GIC	D	0.01%
CNDT	C	0.01%
PLOW	C	0.01%
EBF	B	0.01%
SMR	D	0.01%
ASTE	D	0.01%
GLDD	B	0.01%
DXPE	D	0.01%
MLR	D	0.01%
HTLD	D	0.01%
KELYA	D	0.01%
MATW	F	0.01%
LMB	B	0.01%
VVI	D	0.01%
FWRD	C	0.01%
ACHR	F	0.01%
XMTR	D	0.01%
GNK	D	0.01%
HSII	C	0.01%
GRC	D	0.01%
PRLB	F	0.01%
SKYW	C	0.01%
SNCY	D	0.0%
OFLX	D	0.0%
ALGT	F	0.0%
CTOS	F	0.0%
TASK	F	0.0%
ULCC	D	0.0%

FIDU Underweight 87 Positions Relative to LRND

Symbol	Grade	Weight
AMZN	C	-8.48%
GOOGL	D	-7.86%
META	B	-6.45%
AAPL	C	-6.45%
MSFT	C	-5.35%
MRK	D	-4.46%
JNJ	C	-3.37%
BMY	C	-2.23%
PFE	C	-2.21%
INTC	F	-2.04%
LLY	C	-2.03%
ORCL	C	-2.02%
GM	C	-1.9%
NVDA	D	-1.77%
IBM	B	-1.71%
ABBV	C	-1.65%
CSCO	C	-1.62%
AVGO	C	-1.49%
F	F	-1.47%
QCOM	D	-1.36%
GILD	B	-1.35%
AMD	D	-1.12%
AMGN	B	-1.08%
TSLA	C	-1.08%
CRM	D	-1.04%
REGN	C	-0.9%
ADBE	F	-0.73%
VRTX	D	-0.7%
PYPL	B	-0.68%
MDT	C	-0.6%
ABT	C	-0.6%
WDAY	D	-0.57%
INTU	C	-0.56%
SQ	D	-0.56%
NFLX	B	-0.54%
NOW	B	-0.52%
EA	D	-0.5%
AMAT	D	-0.49%
RIVN	F	-0.48%
DELL	D	-0.44%
MRNA	F	-0.43%
TEAM	D	-0.41%
PG	C	-0.41%
MU	F	-0.4%
MRVL	C	-0.39%
HPE	D	-0.38%
TXN	C	-0.38%
PANW	D	-0.37%
SPOT	B	-0.36%
EBAY	B	-0.36%
BIIB	F	-0.36%
RBLX	B	-0.34%
DHR	B	-0.34%
ALNY	C	-0.33%
INCY	C	-0.33%
SNPS	F	-0.33%
ADI	C	-0.31%
BSX	B	-0.31%
LCID	C	-0.31%
WDC	D	-0.31%
ILMN	C	-0.31%
ADSK	C	-0.3%
CTVA	B	-0.29%
EXPE	C	-0.29%
HPQ	D	-0.29%
ACN	C	-0.29%
ABNB	D	-0.28%
SYK	C	-0.28%
TMO	B	-0.28%
GEHC	C	-0.27%
U	D	-0.26%
LRCX	F	-0.26%
CDNS	D	-0.25%
JNPR	B	-0.25%
SNOW	F	-0.25%
DASH	C	-0.24%
EXEL	C	-0.24%
KLAC	D	-0.23%
BDX	D	-0.23%
APTV	D	-0.23%
ISRG	B	-0.23%
GLW	C	-0.22%
NTAP	D	-0.19%
MCHP	F	-0.18%
DDOG	D	-0.18%
EW	F	-0.16%
PINS	F	-0.14%