IQSM vs. PAPI ETF Comparison

Comparison of IQ Candriam ESG U.S. Mid Cap Equity ETF (IQSM) to Parametric Equity Premium Income ETF (PAPI)

IQSM

IQ Candriam ESG U.S. Mid Cap Equity ETF

IQSM Description

IQ Candriam ESG U.S. Mid Cap Equity ETF is an exchange traded fund launched by New York Life Investment Management LLC. The fund is managed by IndexIQ Advisors LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. The fund invests in growth and value stocks of mid-cap companies. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the IQ Candriam ESG U.S. Mid Cap Equity Index, by using full replication technique. IQ Candriam ESG U.S. Mid Cap Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.92

Average Daily Volume

13,831

Number of Holdings ^*

214

* may have additional holdings in another (foreign) market

PAPI

Parametric Equity Premium Income ETF

PAPI Description

The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.

Grade (RS Rating)

Last Trade

$27.34

Average Daily Volume

30,953

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

Performance

Period	IQSM	PAPI
30 Days	2.11%	0.52%
60 Days	6.44%	2.58%
90 Days	8.65%	3.47%
12 Months	28.03%	16.80%

24 Overlapping Holdings

Symbol	Grade	Weight in IQSM	Weight in PAPI	Overlap
AM	B	0.25%	0.53%	0.25%
AOS	F	0.43%	0.48%	0.43%
ATR	A	0.54%	0.55%	0.54%
CHE	D	0.39%	0.49%	0.39%
DCI	A	0.44%	0.55%	0.44%
DINO	D	0.31%	0.51%	0.31%
DLB	D	0.21%	0.52%	0.21%
DTM	A	0.44%	0.61%	0.44%
GGG	B	0.69%	0.54%	0.54%
GNTX	C	0.34%	0.54%	0.34%
HAS	D	0.39%	0.47%	0.39%
INGR	B	0.47%	0.58%	0.47%
IPG	F	0.54%	0.48%	0.48%
JKHY	C	0.62%	0.5%	0.5%
LEA	F	0.26%	0.49%	0.26%
LKQ	C	0.46%	0.51%	0.46%
MOS	D	0.43%	0.52%	0.43%
MTN	C	0.3%	0.56%	0.3%
NYT	C	0.4%	0.52%	0.4%
ORI	A	0.43%	0.53%	0.43%
PKG	B	1.01%	0.57%	0.57%
RHI	B	0.37%	0.59%	0.37%
SNX	C	0.44%	0.51%	0.44%
UNM	A	0.62%	0.59%	0.59%

IQSM Overweight 190 Positions Relative to PAPI

Symbol	Grade	Weight
EME	B	1.12%
YUMC	C	0.93%
KEY	B	0.85%
MANH	C	0.82%
MAS	D	0.82%
NTNX	B	0.81%
XPO	B	0.81%
PNR	A	0.8%
RPM	A	0.8%
BURL	C	0.8%
UTHR	B	0.78%
KIM	A	0.77%
OC	A	0.77%
GEN	B	0.77%
FLEX	B	0.76%
EQH	B	0.75%
TOL	B	0.75%
FIX	B	0.74%
USFD	B	0.72%
TWLO	B	0.72%
DOCU	B	0.72%
ACM	B	0.71%
GWRE	A	0.71%
RGA	A	0.69%
DT	C	0.68%
SAIA	B	0.68%
FFIV	B	0.67%
SFM	B	0.67%
EWBC	B	0.67%
POOL	D	0.67%
RNR	D	0.65%
UDR	C	0.63%
EPAM	B	0.62%
NVT	C	0.61%
TTEK	F	0.6%
HST	D	0.6%
ELS	B	0.59%
CHRW	A	0.59%
ITT	A	0.59%
CPT	C	0.59%
JLL	C	0.59%
AMH	C	0.58%
FTI	B	0.58%
REG	A	0.58%
JNPR	D	0.58%
NBIX	C	0.58%
DAY	B	0.57%
KMX	B	0.57%
WPC	F	0.57%
BLD	F	0.56%
PAYC	B	0.56%
BJ	B	0.56%
RRX	B	0.56%
SJM	F	0.56%
TECH	D	0.56%
CG	B	0.55%
LW	B	0.55%
ALB	C	0.55%
TPR	A	0.55%
DKS	D	0.54%
INSM	C	0.54%
NCLH	B	0.54%
NWSA	B	0.53%
SF	A	0.53%
Z	B	0.53%
CRL	C	0.51%
CTLT	D	0.51%
SRPT	F	0.5%
WMS	F	0.5%
FND	F	0.5%
PCVX	D	0.5%
WTRG	C	0.5%
CUBE	D	0.5%
AIZ	A	0.5%
ALLY	C	0.49%
QGEN	D	0.48%
PRI	B	0.48%
MKTX	C	0.48%
EHC	B	0.48%
GLOB	B	0.47%
FBIN	F	0.47%
LAD	B	0.47%
OHI	C	0.47%
AYI	A	0.47%
ARMK	B	0.46%
GL	B	0.46%
EXAS	F	0.46%
WAL	B	0.46%
FN	C	0.45%
WCC	B	0.45%
PCTY	B	0.44%
EXEL	B	0.44%
TFX	F	0.44%
X	D	0.44%
ROKU	C	0.43%
KNX	C	0.43%
RVMD	C	0.43%
REXR	F	0.43%
AXTA	A	0.42%
ITCI	B	0.42%
GPK	D	0.42%
RL	B	0.42%
MTZ	B	0.42%
BRBR	A	0.42%
TTC	F	0.42%
ONTO	F	0.41%
HRB	D	0.41%
FRT	B	0.4%
BRX	A	0.4%
PEN	C	0.4%
PLNT	A	0.39%
DVA	C	0.39%
MEDP	D	0.39%
VOYA	B	0.39%
HSIC	F	0.38%
OLED	F	0.38%
AA	C	0.38%
TREX	C	0.37%
MHK	D	0.36%
KEX	A	0.35%
CGNX	C	0.35%
APG	C	0.35%
HALO	C	0.35%
RGEN	C	0.35%
LSCC	D	0.35%
WH	A	0.35%
RIVN	F	0.34%
VKTX	F	0.34%
MKSI	C	0.34%
JAZZ	B	0.34%
WEX	D	0.34%
ESTC	C	0.34%
ALV	C	0.34%
ADC	A	0.34%
AGNC	C	0.33%
RYAN	B	0.33%
FR	D	0.33%
CMC	B	0.33%
FCN	F	0.33%
GXO	B	0.33%
STAG	D	0.32%
H	B	0.32%
BEN	C	0.32%
LSTR	B	0.32%
BPOP	C	0.32%
PARA	B	0.32%
G	B	0.32%
GTLS	B	0.32%
ANF	C	0.32%
NOV	C	0.31%
ARW	F	0.31%
WBA	D	0.31%
HLNE	B	0.31%
AZEK	B	0.31%
BPMC	C	0.3%
LFUS	D	0.3%
AXS	A	0.3%
DAR	B	0.3%
MSA	D	0.3%
ESI	B	0.3%
ETSY	D	0.29%
FAF	C	0.29%
WFRD	F	0.29%
CLF	F	0.29%
CFLT	B	0.29%
SIGI	B	0.28%
PVH	C	0.28%
CHX	C	0.28%
AGCO	F	0.28%
SUM	B	0.28%
CROX	F	0.28%
ALTR	C	0.27%
STWD	C	0.27%
PATH	C	0.27%
CRUS	F	0.26%
WTS	B	0.26%
POST	D	0.25%
FIVE	F	0.24%
ST	F	0.24%
IBP	F	0.24%
TKR	F	0.23%
GAP	B	0.2%
AN	C	0.2%
ACHC	F	0.18%
ZG	B	0.16%
CACC	D	0.13%
COTY	D	0.12%
NWS	B	0.11%
LCID	F	0.09%
LEVI	F	0.08%

IQSM Underweight 165 Positions Relative to PAPI

Symbol	Grade	Weight
GRMN	A	-0.66%
SNA	A	-0.64%
BKR	B	-0.63%
IP	B	-0.63%
IDCC	B	-0.63%
EMR	A	-0.61%
PINC	B	-0.61%
IDA	A	-0.6%
FOXA	A	-0.59%
JCI	A	-0.59%
PB	B	-0.59%
CFR	B	-0.59%
EA	A	-0.59%
LH	B	-0.59%
FOX	A	-0.59%
OKE	A	-0.59%
CINF	A	-0.58%
RS	C	-0.58%
CAH	B	-0.58%
JHG	A	-0.58%
TAP	B	-0.58%
WMB	B	-0.58%
TXRH	A	-0.57%
UNH	B	-0.57%
SRE	B	-0.57%
WSO	B	-0.57%
MSM	C	-0.57%
MO	A	-0.57%
DGX	B	-0.57%
KMI	B	-0.57%
OGE	B	-0.56%
TROW	A	-0.56%
ADP	A	-0.56%
TXN	B	-0.56%
CTRA	B	-0.56%
TRV	B	-0.56%
AFG	A	-0.56%
CMI	A	-0.56%
GILD	B	-0.56%
SYK	A	-0.56%
RF	A	-0.56%
XEL	A	-0.56%
FAST	B	-0.56%
AEE	B	-0.55%
PAYX	B	-0.55%
HPE	B	-0.55%
HP	C	-0.55%
CSCO	A	-0.55%
EVRG	A	-0.55%
CMCSA	B	-0.55%
CVX	A	-0.55%
EOG	A	-0.55%
COST	B	-0.55%
GLW	B	-0.55%
COR	B	-0.55%
COP	C	-0.55%
CTSH	A	-0.55%
LHX	B	-0.55%
WHR	B	-0.55%
ATO	B	-0.54%
PPL	A	-0.54%
PAG	B	-0.54%
T	A	-0.54%
TJX	A	-0.54%
GD	C	-0.54%
BMI	B	-0.54%
DRI	B	-0.54%
WMT	A	-0.54%
PM	B	-0.54%
OXM	D	-0.53%
HPQ	B	-0.53%
CHRD	D	-0.53%
POWI	D	-0.53%
COLM	B	-0.53%
ROP	A	-0.53%
VLO	C	-0.53%
CHD	A	-0.53%
MSFT	C	-0.53%
DOX	C	-0.53%
OGS	B	-0.53%
MDT	D	-0.52%
OMC	A	-0.52%
NFG	D	-0.52%
CALM	B	-0.52%
ABT	C	-0.52%
PRU	B	-0.52%
WEC	B	-0.52%
CME	B	-0.52%
XOM	B	-0.52%
PEG	C	-0.51%
LNT	C	-0.51%
PG	C	-0.51%
BDX	F	-0.51%
DD	D	-0.51%
PSX	C	-0.51%
ADI	D	-0.51%
ACN	B	-0.51%
HIG	C	-0.51%
POR	D	-0.51%
CTVA	C	-0.51%
FNF	C	-0.51%
HRL	F	-0.51%
AVT	C	-0.51%
EXPD	C	-0.51%
RTX	D	-0.51%
D	D	-0.5%
DVN	F	-0.5%
PEP	D	-0.5%
CCOI	C	-0.5%
FE	D	-0.5%
CI	D	-0.5%
AFL	C	-0.5%
SO	D	-0.5%
APD	B	-0.5%
QCOM	F	-0.5%
MTG	C	-0.5%
PFG	C	-0.5%
UPS	C	-0.5%
RGLD	C	-0.5%
EMN	D	-0.49%
JNJ	D	-0.49%
FLO	F	-0.49%
CAG	F	-0.49%
DUK	D	-0.49%
SON	F	-0.49%
LIN	D	-0.49%
KMB	D	-0.48%
LYB	F	-0.48%
KDP	C	-0.48%
ED	D	-0.48%
PPG	F	-0.48%
AEP	D	-0.48%
BG	D	-0.48%
WEN	C	-0.48%
VZ	D	-0.48%
SHOO	D	-0.48%
RPRX	F	-0.48%
ESNT	D	-0.47%
AMCR	D	-0.47%
SWKS	F	-0.47%
FMC	F	-0.47%
MRK	F	-0.47%
KHC	F	-0.47%
DHR	F	-0.47%
WU	F	-0.47%
BBY	C	-0.47%
ABBV	F	-0.47%
IBM	D	-0.47%
ADM	F	-0.46%
ASH	F	-0.46%
KO	F	-0.46%
LEN	D	-0.46%
PFE	F	-0.46%
DOW	F	-0.45%
MAN	F	-0.45%
INSW	F	-0.45%
GPC	D	-0.45%
HUN	F	-0.44%
ELV	F	-0.44%
PII	F	-0.42%
CVI	F	-0.41%
HII	F	-0.41%
CRI	D	-0.4%
NEM	F	-0.39%
SCCO	F	-0.0%