IGPT vs. LRND ETF Comparison

Comparison of Invesco AI and Next Gen Software ETF (IGPT) to IQ U.S. Large Cap R&D Leaders ETF (LRND)

IGPT

Invesco AI and Next Gen Software ETF

IGPT Description

The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index is composed of securities of companies with significant exposure to technologies or products that contribute to future software development through direct revenue. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.69

Average Daily Volume

43,488

Number of Holdings ^*

* 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

$33.36

Average Daily Volume

416

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IGPT	LRND
30 Days	-0.22%	-0.58%
60 Days	5.03%	2.42%
90 Days	2.65%	4.20%
12 Months	28.28%	27.83%

21 Overlapping Holdings

Symbol	Grade	Weight in IGPT	Weight in LRND	Overlap
ADBE	F	6.19%	0.67%	0.67%
ADSK	B	2.19%	0.3%	0.3%
AMD	F	7.2%	1.08%	1.08%
CDNS	B	2.42%	0.31%	0.31%
EA	A	0.78%	0.51%	0.51%
GOOGL	B	8.47%	8.83%	8.47%
HPE	B	0.49%	0.5%	0.49%
INTC	C	3.52%	3.68%	3.52%
ISRG	A	4.33%	0.22%	0.22%
MCHP	F	0.95%	0.18%	0.18%
META	C	8.16%	6.51%	6.51%
MRVL	B	1.62%	0.45%	0.45%
MU	D	4.19%	0.77%	0.77%
NTAP	D	0.6%	0.19%	0.19%
NVDA	B	9.06%	2.5%	2.5%
PINS	F	0.68%	0.2%	0.2%
QCOM	F	4.27%	1.64%	1.64%
SNOW	C	1.38%	0.31%	0.31%
SNPS	C	1.84%	0.42%	0.42%
U	F	0.24%	0.18%	0.18%
WDC	F	0.81%	0.37%	0.37%

IGPT Overweight 42 Positions Relative to LRND

Symbol	Grade	Weight
EQIX	B	2.87%
TTD	B	1.98%
DLR	A	1.84%
MSTR	B	1.58%
HUBS	A	1.1%
ANSS	B	1.04%
AME	A	1.03%
STX	D	0.74%
FTV	D	0.68%
ARM	F	0.63%
GRMN	B	0.63%
DOCU	A	0.52%
BIDU	F	0.49%
SMCI	F	0.41%
IOT	B	0.37%
PSTG	F	0.34%
BSY	D	0.3%
ROKU	D	0.26%
CGNX	D	0.25%
LSCC	D	0.25%
ESTC	C	0.22%
CRDO	C	0.19%
ALTR	B	0.18%
RDNT	B	0.15%
NOVT	D	0.14%
DLB	D	0.14%
CCOI	B	0.12%
SLAB	F	0.12%
PEGA	B	0.12%
IPGP	D	0.09%
TDC	F	0.09%
DV	C	0.09%
FIVN	C	0.08%
AMBA	B	0.08%
BRZE	C	0.08%
INFA	F	0.06%
MGNI	A	0.06%
CLVT	F	0.05%
VRNT	D	0.05%
HLIT	F	0.03%
CXM	C	0.03%
MXL	C	0.02%

IGPT Underweight 78 Positions Relative to LRND

Symbol	Grade	Weight
AMZN	B	-8.82%
AAPL	C	-5.72%
MSFT	D	-5.33%
MRK	F	-3.0%
JNJ	D	-2.63%
GM	A	-2.09%
BMY	B	-1.97%
ORCL	A	-1.89%
PFE	F	-1.79%
LLY	F	-1.72%
AVGO	C	-1.69%
CSCO	B	-1.66%
VRTX	C	-1.65%
F	C	-1.53%
ABBV	F	-1.45%
IBM	D	-1.29%
GILD	B	-1.24%
CRM	A	-1.16%
TSLA	B	-1.12%
AMGN	D	-0.96%
BA	F	-0.67%
DELL	C	-0.61%
PYPL	A	-0.6%
AMAT	F	-0.59%
TEAM	A	-0.59%
NFLX	A	-0.58%
UBER	C	-0.57%
MRNA	F	-0.57%
SQ	A	-0.57%
REGN	F	-0.57%
INCY	B	-0.56%
RTX	D	-0.55%
INTU	A	-0.54%
ABT	B	-0.52%
MDT	D	-0.5%
WDAY	B	-0.49%
NOW	B	-0.48%
CAT	B	-0.43%
DE	D	-0.41%
PANW	B	-0.39%
TXN	C	-0.38%
PG	C	-0.36%
LRCX	F	-0.36%
ABNB	C	-0.35%
SPOT	A	-0.34%
HPQ	B	-0.33%
GE	D	-0.33%
EXPE	A	-0.32%
BIIB	F	-0.32%
CMI	A	-0.32%
RIVN	F	-0.31%
BSX	B	-0.29%
HON	A	-0.29%
RBLX	B	-0.29%
MMM	D	-0.29%
LMT	D	-0.28%
ILMN	C	-0.28%
EBAY	D	-0.28%
ADI	D	-0.28%
SYK	A	-0.27%
ACN	C	-0.26%
EXEL	B	-0.26%
CTVA	D	-0.26%
DHR	D	-0.26%
DASH	B	-0.25%
GEHC	D	-0.23%
TMO	D	-0.22%
NOC	D	-0.22%
DDOG	B	-0.21%
KLAC	F	-0.21%
JNPR	D	-0.21%
GLW	B	-0.21%
BDX	F	-0.21%
EW	C	-0.2%
ALNY	D	-0.2%
APTV	F	-0.19%
CNH	D	-0.18%
LCID	F	-0.12%