ITAN vs. LRND ETF Comparison

Comparison of Sparkline Intangible Value ETF (ITAN) to IQ U.S. Large Cap R&D Leaders ETF (LRND)

ITAN

Sparkline Intangible Value ETF

ITAN Description

The investment seeks long-term capital appreciation. The fund is an actively-managed exchange-traded fund (âETFâ). The fund will invest in U.S.-listed equity securities that Sparkline Capital LP (the âSub-Adviserâ) believes are attractive relative to its proprietary measure of âintangible-augmented intrinsic value.â The fundâs investments may include common stocks and Real Estate Investment Trusts (REITs). Although the fund will not concentrate its investments in a particular industry, the Sub-Adviser anticipates that fund will hold a meaningful amount of stocks in the technology, communications, healthcare, and consumer discretionary sectors.

Grade (RS Rating)

Last Trade

$32.02

Average Daily Volume

5,603

Number of Holdings ^*

150

* 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

$34.69

Average Daily Volume

582

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ITAN	LRND
30 Days	5.02%	3.51%
60 Days	13.05%	10.65%
90 Days	15.85%	12.16%
12 Months	39.10%	36.27%

45 Overlapping Holdings

Symbol	Grade	Weight in ITAN	Weight in LRND	Overlap
ACN	C	1.47%	0.26%	0.26%
ADSK	A	0.64%	0.29%	0.29%
AMZN	B	4.89%	8.32%	4.89%
BA	F	1.0%	0.7%	0.7%
BDX	F	0.71%	0.23%	0.23%
BIIB	F	0.42%	0.34%	0.34%
BMY	C	0.99%	2.13%	0.99%
CMI	B	0.88%	0.32%	0.32%
CRM	A	1.99%	1.11%	1.11%
CSCO	A	1.8%	1.65%	1.65%
DASH	A	0.71%	0.24%	0.24%
DELL	C	1.3%	0.59%	0.59%
EA	B	0.52%	0.52%	0.52%
EBAY	D	0.65%	0.27%	0.27%
EXPE	B	0.58%	0.29%	0.29%
F	D	0.8%	1.52%	0.8%
GILD	B	0.93%	1.2%	0.93%
GLW	B	0.63%	0.22%	0.22%
GM	B	1.02%	2.01%	1.02%
GOOGL	B	2.01%	8.92%	2.01%
HON	B	1.1%	0.29%	0.29%
HPE	B	0.6%	0.47%	0.47%
HPQ	B	0.75%	0.33%	0.33%
IBM	D	1.62%	1.31%	1.31%
ILMN	B	0.63%	0.28%	0.28%
INTC	C	1.25%	3.18%	1.25%
JNPR	C	0.43%	0.22%	0.22%
LMT	D	0.78%	0.28%	0.28%
MDT	C	1.23%	0.54%	0.54%
META	B	2.94%	6.61%	2.94%
MMM	C	0.86%	0.3%	0.3%
NOC	C	0.86%	0.23%	0.23%
NTAP	C	0.57%	0.19%	0.19%
ORCL	A	2.2%	1.76%	1.76%
PANW	A	0.87%	0.37%	0.37%
PFE	F	1.34%	2.0%	1.34%
PYPL	A	1.04%	0.6%	0.6%
QCOM	C	1.64%	1.64%	1.64%
RIVN	F	0.24%	0.31%	0.24%
RTX	C	1.15%	0.57%	0.57%
SPOT	B	0.31%	0.34%	0.31%
SQ	C	0.82%	0.59%	0.59%
U	D	0.3%	0.19%	0.19%
WDAY	C	0.63%	0.47%	0.47%
WDC	C	0.59%	0.36%	0.36%

ITAN Overweight 105 Positions Relative to LRND

Symbol	Grade	Weight
GOOG	B	2.01%
T	B	1.52%
WFC	B	1.46%
TMUS	A	1.44%
VZ	D	1.24%
DIS	C	1.07%
CMCSA	B	1.07%
COF	B	1.05%
TGT	F	1.02%
CVS	F	0.86%
FDX	B	0.84%
CHTR	B	0.78%
UAL	A	0.76%
CTSH	B	0.74%
LHX	A	0.7%
ALL	B	0.68%
GD	B	0.66%
NXPI	D	0.66%
CVNA	B	0.64%
DAL	B	0.62%
JCI	A	0.62%
CNC	F	0.6%
LDOS	A	0.59%
SNAP	C	0.58%
BAH	B	0.55%
HUM	F	0.55%
TWLO	A	0.54%
DOCU	A	0.51%
PRU	C	0.51%
BAX	F	0.51%
KR	A	0.51%
ZM	A	0.51%
BBY	D	0.49%
CAH	B	0.49%
NTNX	B	0.48%
FFIV	B	0.47%
ZS	C	0.47%
VTRS	B	0.46%
WBD	C	0.46%
CACI	B	0.46%
DD	D	0.45%
ZBRA	B	0.45%
ROK	B	0.44%
J	C	0.44%
ACM	B	0.43%
OKTA	D	0.43%
LH	A	0.43%
PSTG	C	0.42%
DGX	B	0.41%
JLL	C	0.4%
IP	B	0.39%
AAL	C	0.39%
ROKU	C	0.38%
JBL	C	0.38%
EXAS	F	0.38%
DBX	C	0.37%
AKAM	F	0.36%
CIEN	A	0.36%
TRMB	A	0.36%
TPR	A	0.35%
DVA	D	0.35%
HAL	D	0.35%
TRU	C	0.35%
LUMN	B	0.35%
ALLY	C	0.33%
NWSA	B	0.33%
EMN	D	0.33%
WBA	F	0.32%
SWKS	F	0.32%
LUV	B	0.32%
LYFT	C	0.3%
SWK	F	0.3%
ACI	C	0.3%
TAP	B	0.29%
BIO	B	0.29%
PARA	C	0.29%
ETSY	D	0.29%
TXT	D	0.28%
HAS	D	0.28%
ANF	C	0.28%
WHR	B	0.27%
W	F	0.27%
JAZZ	B	0.27%
MAT	C	0.27%
MTCH	F	0.27%
MASI	B	0.25%
DOX	A	0.25%
IVZ	B	0.25%
ELAN	D	0.25%
GAP	C	0.24%
BWA	D	0.23%
HRB	D	0.23%
UAA	C	0.23%
PATH	D	0.23%
ARW	F	0.23%
RUN	F	0.23%
ALK	B	0.23%
FLS	A	0.22%
RHI	B	0.21%
AGCO	D	0.2%
NOV	D	0.2%
XRAY	F	0.18%
HOG	F	0.18%
QRVO	F	0.18%
M	C	0.17%

ITAN Underweight 54 Positions Relative to LRND

Symbol	Grade	Weight
AAPL	B	-5.99%
MSFT	C	-5.4%
MRK	F	-3.14%
JNJ	D	-2.84%
NVDA	B	-2.36%
LLY	D	-1.8%
AVGO	B	-1.64%
VRTX	A	-1.59%
ABBV	B	-1.55%
AMD	F	-1.11%
AMGN	C	-1.0%
TSLA	B	-0.92%
MU	C	-0.72%
MRNA	F	-0.7%
ADBE	F	-0.68%
REGN	F	-0.61%
UBER	F	-0.6%
NFLX	A	-0.58%
AMAT	D	-0.58%
INCY	A	-0.53%
ABT	B	-0.53%
INTU	A	-0.51%
TEAM	B	-0.49%
NOW	B	-0.47%
DE	C	-0.44%
CAT	B	-0.43%
SNPS	B	-0.4%
MRVL	B	-0.4%
PG	D	-0.37%
ABNB	D	-0.37%
TXN	A	-0.37%
LRCX	D	-0.36%
GE	C	-0.33%
SNOW	C	-0.31%
RBLX	B	-0.3%
CTVA	C	-0.29%
BSX	A	-0.29%
ADI	D	-0.29%
CDNS	B	-0.29%
DHR	F	-0.28%
SYK	A	-0.26%
EXEL	B	-0.25%
GEHC	D	-0.24%
TMO	F	-0.23%
PINS	D	-0.23%
EW	F	-0.22%
KLAC	F	-0.22%
ISRG	A	-0.22%
DDOG	C	-0.22%
APTV	F	-0.21%
ALNY	B	-0.21%
CNH	D	-0.2%
MCHP	F	-0.19%
LCID	F	-0.13%