FTEC vs. WRND ETF Comparison

Comparison of Fidelity MSCI Information Technology Index ETF (FTEC) to IQ Global Equity R&D Leaders ETF (WRND)

FTEC

Fidelity MSCI Information Technology Index ETF

FTEC Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Information Technology 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 Information Technology Index, which represents the performance of the information technology sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Information Technology Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$185.20

Average Daily Volume

212,411

Number of Holdings ^*

275

* may have additional holdings in another (foreign) market

WRND

IQ Global Equity R&D Leaders ETF

WRND Description

IQ Global Equity 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 global region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the IQ Global Equity R&D Leaders Index, by using full replication technique. IQ Global Equity R&D Leaders ETF was formed on December 14, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$29.08

Average Daily Volume

1,357

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

Performance

Period	FTEC	WRND
30 Days	4.14%	-1.90%
60 Days	7.90%	-1.83%
90 Days	7.31%	-1.88%
12 Months	36.13%	18.15%

38 Overlapping Holdings

Symbol	Grade	Weight in FTEC	Weight in WRND	Overlap
AAPL	C	15.03%	3.25%	3.25%
ACN	C	1.42%	0.15%	0.15%
ADBE	C	1.51%	0.39%	0.39%
ADI	D	0.67%	0.15%	0.15%
ADSK	A	0.46%	0.17%	0.17%
AMAT	F	0.98%	0.3%	0.3%
AMD	F	1.39%	0.57%	0.57%
AVGO	D	4.31%	0.86%	0.86%
CDNS	B	0.55%	0.17%	0.17%
CRM	B	2.04%	0.66%	0.66%
CSCO	B	1.47%	0.93%	0.93%
DDOG	A	0.28%	0.12%	0.12%
GLW	B	0.29%	0.12%	0.12%
HPE	B	0.23%	0.27%	0.23%
HPQ	B	0.27%	0.19%	0.19%
IBM	C	1.18%	0.71%	0.71%
INTC	D	0.69%	1.97%	0.69%
INTU	C	1.23%	0.3%	0.3%
JNPR	F	0.13%	0.11%	0.11%
KLAC	D	0.57%	0.11%	0.11%
LRCX	F	0.64%	0.18%	0.18%
MCHP	D	0.25%	0.09%	0.09%
MRVL	B	0.54%	0.24%	0.24%
MSFT	F	13.23%	2.97%	2.97%
MU	D	0.7%	0.38%	0.38%
NOW	A	1.33%	0.26%	0.26%
NTAP	C	0.19%	0.11%	0.11%
NVDA	C	16.06%	1.34%	1.34%
NXPI	D	0.39%	0.24%	0.24%
ORCL	B	1.9%	1.05%	1.05%
PANW	C	0.81%	0.22%	0.22%
QCOM	F	1.14%	0.9%	0.9%
SNOW	C	0.29%	0.19%	0.19%
SNPS	B	0.55%	0.22%	0.22%
TEAM	A	0.33%	0.34%	0.33%
TXN	C	1.16%	0.21%	0.21%
WDAY	B	0.41%	0.28%	0.28%
WDC	D	0.18%	0.19%	0.18%

FTEC Overweight 237 Positions Relative to WRND

Symbol	Grade	Weight
PLTR	B	0.81%
ANET	C	0.66%
APH	A	0.57%
APP	B	0.55%
MSI	B	0.55%
CRWD	B	0.54%
MSTR	C	0.45%
FTNT	C	0.43%
FICO	B	0.41%
ROP	B	0.41%
IT	C	0.31%
CTSH	B	0.3%
DELL	C	0.29%
HUBS	A	0.28%
ANSS	B	0.24%
NET	B	0.23%
TYL	B	0.22%
GDDY	A	0.22%
ON	D	0.22%
KEYS	A	0.22%
PTC	A	0.2%
TDY	B	0.2%
MPWR	F	0.2%
ZM	B	0.2%
ZBRA	B	0.19%
TWLO	A	0.19%
CDW	F	0.19%
MDB	C	0.19%
TRMB	B	0.18%
DOCU	A	0.18%
NTNX	A	0.18%
MANH	D	0.17%
FSLR	F	0.17%
STX	D	0.17%
GWRE	A	0.17%
GEN	B	0.17%
ZS	C	0.17%
FFIV	B	0.16%
EPAM	C	0.16%
JBL	B	0.16%
VRSN	F	0.16%
FLEX	A	0.16%
COHR	B	0.16%
BILL	A	0.15%
DT	C	0.15%
IOT	A	0.14%
PSTG	D	0.14%
ENTG	D	0.14%
TER	D	0.14%
SWKS	F	0.13%
AKAM	D	0.13%
CIEN	B	0.13%
QTWO	A	0.12%
PCOR	B	0.12%
GTLB	B	0.12%
CFLT	B	0.12%
OKTA	C	0.12%
LITE	B	0.12%
IDCC	A	0.11%
ALTR	B	0.11%
FN	D	0.11%
DBX	B	0.11%
SMAR	A	0.11%
KD	B	0.11%
SNX	C	0.11%
MARA	C	0.11%
S	B	0.11%
CVLT	B	0.11%
CRDO	B	0.11%
MTSI	B	0.11%
PATH	C	0.1%
U	C	0.1%
OLED	D	0.1%
AUR	C	0.1%
WK	B	0.1%
BDC	B	0.1%
PLXS	B	0.1%
MKSI	C	0.1%
RMBS	C	0.1%
CGNX	C	0.1%
BSY	D	0.1%
BOX	B	0.1%
BMI	B	0.1%
VNT	B	0.1%
LSCC	D	0.1%
ACIW	B	0.1%
ITRI	B	0.1%
CWAN	B	0.1%
QLYS	C	0.1%
DLB	B	0.09%
AVT	C	0.09%
SITM	B	0.09%
AEIS	B	0.09%
PEGA	A	0.09%
TENB	C	0.09%
HCP	B	0.09%
DXC	B	0.09%
ARW	D	0.09%
VRNS	D	0.09%
APPF	B	0.09%
LFUS	F	0.09%
SANM	B	0.09%
NOVT	D	0.09%
ONTO	D	0.09%
PI	D	0.09%
ESTC	C	0.09%
SPSC	C	0.09%
CLSK	C	0.08%
SLAB	D	0.08%
POWI	D	0.08%
RIOT	C	0.08%
BLKB	B	0.08%
NCNO	B	0.08%
ENPH	F	0.08%
ASGN	F	0.08%
FORM	D	0.07%
ALRM	C	0.07%
TDC	D	0.07%
FRSH	C	0.07%
PRGS	A	0.07%
FIVN	C	0.07%
AI	B	0.07%
FROG	C	0.07%
INTA	A	0.07%
DV	C	0.07%
MIR	A	0.07%
NSIT	F	0.07%
SYNA	C	0.07%
AGYS	A	0.07%
SMTC	B	0.07%
QRVO	F	0.07%
SMCI	F	0.07%
BL	B	0.07%
CRUS	D	0.07%
ALGM	D	0.06%
ACLS	F	0.06%
TTMI	B	0.06%
OSIS	B	0.06%
PAR	B	0.06%
KLIC	B	0.06%
DIOD	D	0.06%
RPD	C	0.06%
CXT	B	0.06%
RNG	B	0.06%
VERX	B	0.06%
AMKR	D	0.06%
ZETA	D	0.06%
VYX	B	0.05%
EXTR	B	0.05%
BRZE	C	0.05%
ALKT	B	0.05%
PLUS	F	0.05%
IPGP	D	0.05%
YOU	D	0.05%
DOCN	D	0.05%
VIAV	B	0.05%
AMBA	B	0.05%
RBRK	A	0.05%
VRNT	C	0.04%
VECO	F	0.04%
UCTT	D	0.04%
PLAB	C	0.04%
CTS	C	0.04%
NTCT	C	0.04%
INFA	D	0.04%
KN	B	0.04%
WULF	C	0.04%
ROG	D	0.04%
BHE	B	0.04%
PD	C	0.04%
CALX	D	0.04%
VSH	D	0.04%
SOUN	C	0.04%
RAMP	C	0.04%
ICHR	C	0.03%
ARLO	C	0.03%
SCSC	B	0.03%
ENV	B	0.03%
MXL	C	0.03%
DGII	B	0.03%
APPN	B	0.03%
COHU	C	0.03%
ASAN	C	0.03%
ATEN	B	0.03%
CIFR	B	0.03%
ZUO	B	0.03%
NSSC	D	0.03%
HLIT	D	0.03%
INFN	C	0.03%
SPT	C	0.03%
CEVA	B	0.02%
OLO	B	0.02%
SWI	B	0.02%
NTGR	B	0.02%
AOSL	C	0.02%
SEDG	F	0.02%
DJCO	B	0.02%
INDI	C	0.02%
IBUY	A	0.02%
HCKT	B	0.02%
BASE	C	0.02%
NABL	F	0.02%
BELFB	C	0.02%
BLND	B	0.02%
YEXT	A	0.02%
ACMR	F	0.02%
CXM	C	0.02%
APLD	A	0.02%
CNXN	C	0.02%
PRO	C	0.02%
WOLF	F	0.02%
FSLY	D	0.02%
PDFS	C	0.02%
JAMF	F	0.02%
XRX	F	0.02%
GDYN	B	0.02%
AAOI	B	0.02%
VPG	D	0.01%
CRSR	C	0.01%
MEI	D	0.01%
CLFD	D	0.01%
LWLG	F	0.01%
RBBN	C	0.01%
SEMR	B	0.01%
ENFN	A	0.01%
BIGC	C	0.01%
MITK	C	0.01%
ETWO	F	0.01%
WEAV	B	0.01%
DMRC	C	0.01%
LASR	D	0.01%
KE	C	0.01%
MLNK	B	0.01%
NNBR	C	0.01%
DAKT	B	0.01%
VSAT	F	0.01%
OSPN	A	0.01%

FTEC Underweight 74 Positions Relative to WRND

Symbol	Grade	Weight
AMZN	C	-6.24%
GOOGL	C	-5.25%
META	D	-4.08%
MRK	F	-1.59%
JNJ	D	-1.48%
GM	B	-1.2%
BMY	B	-1.17%
NVS	D	-0.96%
BABA	D	-0.95%
PFE	D	-0.94%
F	C	-0.89%
LLY	F	-0.85%
VRTX	F	-0.84%
TM	D	-0.74%
ABBV	D	-0.68%
TSLA	B	-0.67%
SONY	B	-0.66%
STLA	F	-0.66%
HMC	F	-0.65%
GILD	C	-0.64%
AMGN	D	-0.47%
BIDU	F	-0.39%
SQ	B	-0.39%
BA	F	-0.36%
NFLX	A	-0.35%
PYPL	B	-0.34%
UBER	D	-0.31%
ABT	B	-0.3%
EA	A	-0.3%
RTX	C	-0.3%
REGN	F	-0.29%
INCY	C	-0.29%
MDT	D	-0.28%
MRNA	F	-0.27%
TCOM	B	-0.27%
CAT	B	-0.24%
SHOP	B	-0.24%
DE	A	-0.24%
SPOT	B	-0.22%
LI	F	-0.22%
MELI	D	-0.21%
PG	A	-0.21%
BGNE	D	-0.2%
CMI	A	-0.19%
ABNB	C	-0.19%
NIO	F	-0.19%
HON	B	-0.18%
EXPE	B	-0.18%
GE	D	-0.18%
RIVN	F	-0.17%
BSX	B	-0.17%
BIIB	F	-0.17%
ABBV	D	-0.17%
EBAY	D	-0.16%
RBLX	C	-0.16%
MMM	D	-0.16%
LMT	D	-0.15%
SYK	C	-0.15%
ILMN	D	-0.14%
DASH	A	-0.14%
DHR	F	-0.14%
CTVA	C	-0.14%
TMO	F	-0.12%
BDX	F	-0.12%
NOC	D	-0.12%
EW	C	-0.12%
ISRG	A	-0.12%
GEHC	F	-0.12%
LPL	F	-0.11%
PINS	D	-0.11%
UL	D	-0.11%
ALNY	D	-0.1%
APTV	D	-0.1%
LCID	F	-0.07%

FTEC: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Semiconductor Equipment & Materials Communication Equipment Information Technology Services Electronic Components Scientific & Technical Instruments Contract Manufacturers Data Storage Capital Markets Computer Systems Telecom Services Business Services Computer Distribution Computer Hardware Consumer Electronics Diversified Industrials Electronics Distribution Internet Content & Information