IQSM vs. VNQ ETF Comparison

Comparison of IQ Candriam ESG U.S. Mid Cap Equity ETF (IQSM) to Vanguard REIT ETF - DNQ (VNQ)

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

$34.29

Average Daily Volume

13,747

Number of Holdings ^*

214

* may have additional holdings in another (foreign) market

VNQ

Vanguard REIT ETF - DNQ

VNQ Description

The investment seeks to provide a high level of income and moderate long-term capital appreciation by tracking the performance of a benchmark index that measures the performance of publicly traded equity REITs. The fund employs an indexing investment approach designed to track the performance of the MSCI US REIT Index. The index is composed of stocks of publicly traded equity real estate investment trusts (known as REITs). The fund attempts to replicate the index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$96.24

Average Daily Volume

3,440,237

Number of Holdings ^*

145

* may have additional holdings in another (foreign) market

Performance

Period	IQSM	VNQ
30 Days	4.29%	-0.21%
60 Days	5.32%	-1.73%
90 Days	6.64%	2.40%
12 Months	27.71%	26.14%

19 Overlapping Holdings

Symbol	Grade	Weight in IQSM	Weight in VNQ	Overlap
ADC	B	0.36%	0.43%	0.36%
AMH	D	0.6%	0.66%	0.6%
BRX	A	0.41%	0.46%	0.41%
CPT	B	0.61%	0.7%	0.61%
CUBE	D	0.51%	0.61%	0.51%
ELS	C	0.61%	0.71%	0.61%
FR	C	0.33%	0.4%	0.33%
FRT	B	0.4%	0.47%	0.4%
HST	C	0.59%	0.69%	0.59%
JLL	D	0.6%	0.74%	0.6%
KIM	A	0.78%	0.91%	0.78%
OHI	C	0.47%	0.6%	0.47%
REG	B	0.59%	0.72%	0.59%
REXR	F	0.43%	0.53%	0.43%
STAG	F	0.31%	0.39%	0.31%
UDR	B	0.65%	0.75%	0.65%
WPC	D	0.57%	0.7%	0.57%
Z	A	0.55%	0.54%	0.54%
ZG	A	0.16%	0.18%	0.16%

IQSM Overweight 195 Positions Relative to VNQ

Symbol	Grade	Weight
EME	C	1.12%
PKG	A	1.0%
YUMC	C	0.86%
KEY	B	0.85%
PNR	A	0.84%
BURL	A	0.84%
NTNX	A	0.83%
RPM	A	0.83%
MANH	D	0.82%
MAS	D	0.82%
OC	A	0.81%
XPO	B	0.81%
GEN	B	0.79%
DOCU	A	0.77%
TOL	B	0.76%
TWLO	A	0.76%
EQH	B	0.75%
UTHR	C	0.75%
FIX	A	0.74%
FLEX	A	0.72%
USFD	A	0.72%
GWRE	A	0.72%
RGA	A	0.72%
GGG	B	0.71%
ACM	A	0.7%
SAIA	B	0.69%
EWBC	A	0.69%
FFIV	B	0.68%
DT	C	0.68%
SFM	A	0.68%
POOL	C	0.66%
EPAM	C	0.66%
UNM	A	0.65%
RNR	C	0.64%
TPR	B	0.63%
CHRW	C	0.62%
ITT	A	0.6%
JKHY	D	0.6%
NBIX	C	0.59%
KMX	B	0.59%
JNPR	F	0.58%
NVT	B	0.58%
FTI	A	0.58%
ALB	C	0.57%
PAYC	B	0.56%
RRX	B	0.55%
SJM	D	0.55%
DAY	B	0.55%
BLD	D	0.55%
BJ	A	0.55%
LW	C	0.55%
AIZ	A	0.54%
DKS	C	0.54%
CG	A	0.54%
NCLH	B	0.54%
TECH	D	0.54%
INSM	C	0.54%
ATR	B	0.54%
SF	B	0.54%
NWSA	B	0.53%
IPG	D	0.53%
TTEK	F	0.52%
CTLT	B	0.51%
FND	C	0.51%
PRI	A	0.5%
WTRG	B	0.5%
CRL	C	0.48%
EHC	B	0.48%
LAD	A	0.48%
AYI	B	0.48%
GL	B	0.47%
ALLY	C	0.47%
LKQ	D	0.47%
INGR	B	0.47%
MKTX	D	0.47%
WAL	B	0.47%
SRPT	D	0.46%
ARMK	B	0.46%
QGEN	D	0.46%
WCC	B	0.46%
PCVX	D	0.46%
GLOB	B	0.46%
DTM	B	0.46%
EXAS	D	0.45%
ORI	A	0.45%
BRBR	A	0.45%
FBIN	D	0.45%
FN	D	0.44%
DCI	B	0.44%
ROKU	D	0.44%
TFX	F	0.43%
PCTY	B	0.43%
AXTA	A	0.43%
EXEL	B	0.43%
WMS	D	0.42%
SNX	C	0.42%
KNX	B	0.42%
AOS	F	0.42%
RVMD	C	0.42%
RL	B	0.41%
TTC	D	0.41%
ITCI	C	0.41%
PEN	B	0.41%
GPK	C	0.41%
MTZ	B	0.41%
CHE	D	0.4%
PLNT	A	0.4%
MOS	F	0.4%
DVA	B	0.4%
X	C	0.39%
HAS	D	0.39%
HRB	D	0.39%
VOYA	B	0.39%
NYT	C	0.39%
ONTO	D	0.38%
WH	B	0.37%
TREX	C	0.37%
HSIC	B	0.37%
MEDP	D	0.37%
RHI	B	0.37%
JAZZ	B	0.36%
ESTC	C	0.36%
KEX	C	0.36%
AA	B	0.35%
OLED	D	0.35%
RIVN	F	0.35%
APG	B	0.35%
G	B	0.35%
MHK	D	0.35%
RGEN	D	0.35%
ANF	C	0.34%
GNTX	C	0.34%
WEX	D	0.34%
GTLS	B	0.34%
ALV	C	0.34%
BPOP	B	0.33%
BEN	C	0.33%
H	B	0.33%
CMC	B	0.33%
AGNC	D	0.33%
RYAN	B	0.33%
LSCC	D	0.33%
CGNX	C	0.33%
GXO	B	0.33%
MKSI	C	0.33%
DINO	D	0.32%
AZEK	A	0.32%
LSTR	D	0.32%
PARA	C	0.32%
FCN	D	0.32%
HLNE	B	0.32%
HALO	F	0.32%
FAF	A	0.31%
CFLT	B	0.31%
DAR	C	0.31%
MTN	C	0.31%
AXS	A	0.31%
ARW	D	0.3%
WBA	F	0.3%
ESI	A	0.3%
NOV	C	0.3%
MSA	D	0.3%
LFUS	F	0.29%
PVH	C	0.28%
AGCO	D	0.28%
SUM	B	0.28%
STWD	C	0.28%
CHX	C	0.28%
WFRD	D	0.28%
CROX	D	0.28%
SIGI	C	0.28%
ETSY	D	0.28%
BPMC	C	0.28%
VKTX	F	0.27%
ALTR	B	0.27%
WTS	B	0.27%
CLF	F	0.26%
LEA	D	0.26%
CRUS	D	0.26%
PATH	C	0.26%
POST	C	0.25%
AM	A	0.24%
TKR	D	0.23%
FIVE	F	0.23%
ST	F	0.23%
IBP	D	0.23%
DLB	B	0.21%
AN	C	0.21%
GAP	C	0.21%
ACHC	F	0.17%
COTY	F	0.13%
CACC	D	0.13%
NWS	B	0.11%
LEVI	F	0.08%
LCID	F	0.08%

IQSM Underweight 126 Positions Relative to VNQ

Symbol	Grade	Weight
PLD	D	-5.97%
AMT	D	-5.69%
EQIX	A	-4.79%
WELL	A	-4.5%
DLR	B	-3.3%
SPG	B	-3.15%
PSA	D	-2.97%
O	D	-2.95%
CCI	D	-2.66%
CBRE	B	-2.29%
IRM	D	-2.07%
EXR	D	-1.97%
AVB	B	-1.8%
VICI	C	-1.73%
CSGP	D	-1.7%
VTR	C	-1.51%
SBAC	D	-1.41%
EQR	B	-1.37%
WY	D	-1.3%
INVH	D	-1.1%
ESS	B	-1.04%
MAA	B	-1.01%
ARE	D	-1.0%
SUI	D	-0.94%
DOC	D	-0.9%
GLPI	C	-0.78%
BXP	D	-0.69%
LAMR	D	-0.66%
EGP	F	-0.47%
NNN	D	-0.45%
COLD	D	-0.4%
VNO	B	-0.38%
RHP	B	-0.35%
TRNO	F	-0.33%
EPRT	B	-0.32%
KRG	B	-0.32%
SLG	B	-0.28%
CUZ	B	-0.27%
KRC	C	-0.26%
SBRA	C	-0.26%
PECO	A	-0.26%
CTRE	D	-0.26%
IRT	A	-0.25%
RYN	D	-0.25%
MAC	B	-0.23%
CDP	C	-0.21%
SKT	B	-0.21%
IIPR	D	-0.21%
EPR	D	-0.2%
HIW	D	-0.2%
PCH	D	-0.19%
BNL	D	-0.19%
NHI	D	-0.19%
APLE	B	-0.19%
CWK	B	-0.18%
PK	B	-0.17%
DEI	B	-0.17%
NSA	D	-0.17%
LXP	D	-0.16%
MPW	F	-0.16%
COMP	B	-0.15%
UE	C	-0.15%
HHH	B	-0.14%
AKR	B	-0.14%
FCPT	C	-0.14%
IVT	B	-0.13%
OUT	A	-0.13%
EQC	B	-0.12%
NMRK	B	-0.12%
SHO	C	-0.11%
ROIC	A	-0.11%
DRH	B	-0.1%
JOE	F	-0.1%
GNL	F	-0.09%
GTY	B	-0.09%
LTC	B	-0.09%
DEA	D	-0.08%
ALEX	C	-0.08%
RLJ	C	-0.08%
JBGS	D	-0.08%
XHR	B	-0.08%
PEB	D	-0.08%
ESRT	C	-0.08%
ELME	D	-0.08%
RDFN	D	-0.07%
KW	B	-0.07%
UNIT	B	-0.07%
VRE	B	-0.07%
PDM	D	-0.07%
UMH	C	-0.07%
AAT	B	-0.07%
NXRT	B	-0.06%
EXPI	C	-0.06%
OPEN	D	-0.06%
CSR	B	-0.06%
AIV	C	-0.06%
NTST	D	-0.06%
PLYM	F	-0.05%
PGRE	F	-0.05%
AHH	D	-0.05%
BDN	C	-0.05%
MMI	B	-0.05%
GOOD	B	-0.04%
FOR	F	-0.04%
INN	D	-0.04%
LAND	F	-0.03%
OLP	B	-0.03%
PKST	D	-0.03%
BFS	C	-0.03%
UHT	D	-0.03%
CHCT	C	-0.03%
ALX	D	-0.03%
SVC	F	-0.03%
FPI	B	-0.03%
HPP	F	-0.03%
GMRE	F	-0.03%
WSR	A	-0.03%
DHC	F	-0.03%
TRC	F	-0.02%
CBL	A	-0.02%
RMR	F	-0.02%
CLDT	B	-0.02%
SRG	F	-0.01%
NXDT	D	-0.01%
CIO	D	-0.01%
OPI	F	-0.0%