LRND vs. DIVP ETF Comparison

Comparison of IQ U.S. Large Cap R&D Leaders ETF (LRND) to Cullen Enhanced Equity Income ETF (DIVP)

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

$34.32

Average Daily Volume

407

Number of Holdings ^*

* may have additional holdings in another (foreign) market

DIVP

Cullen Enhanced Equity Income ETF

DIVP Description

DIVP invests in large- and mid-cap value stocks that generally have higher dividend yield than the average of the funds US benchmark. The fund identifies value stocks that have low price-to-earnings ratio with above-average earnings and dividend growth potential. Companies are screened using fundamental research. The fund may invest up to 30% in non-US companies in the form of ADRs. While the portfolio is not rebalanced systematically, weighting is roughly equal to avoid overweighting of individual securities. To generate additional income, the fund selectively writes covered call options with a target range of between 25-40%. However, the covered call overlay limits participation in potential gains if shares increase in value. The adviser may sell stocks that are no longer viewed as attractive based on growth potential, dividend yield, or price. As an actively managed ETF, the fund manager has full discretion to make buy, hold, or sell decisions at any time.

Grade (RS Rating)

Last Trade

$27.14

Average Daily Volume

1,457

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LRND	DIVP
30 Days	2.82%	2.87%
60 Days	3.24%	2.02%
90 Days	6.93%	4.23%
12 Months	30.34%

6 Overlapping Holdings

Symbol	Grade	Weight in LRND	Weight in DIVP	Overlap
BMY	B	2.13%	4.1%	2.13%
CSCO	A	1.69%	4.46%	1.69%
IBM	C	1.3%	2.62%	1.3%
MDT	D	0.52%	3.88%	0.52%
MRK	D	2.9%	3.12%	2.9%
RTX	D	0.55%	2.89%	0.55%

LRND Overweight 93 Positions Relative to DIVP

Symbol	Grade	Weight
GOOGL	C	8.96%
AMZN	B	8.83%
META	D	6.33%
AAPL	A	5.93%
MSFT	C	5.41%
INTC	D	3.6%
JNJ	D	2.7%
NVDA	C	2.45%
GM	C	2.19%
ORCL	B	1.91%
PFE	D	1.72%
QCOM	F	1.63%
F	C	1.62%
AVGO	D	1.58%
LLY	D	1.55%
VRTX	D	1.54%
ABBV	D	1.24%
TSLA	B	1.22%
CRM	B	1.2%
GILD	B	1.17%
AMD	F	1.05%
AMGN	F	0.85%
SQ	C	0.72%
ADBE	C	0.7%
MU	D	0.69%
BA	F	0.66%
NFLX	B	0.64%
PYPL	B	0.63%
DELL	C	0.63%
TEAM	B	0.61%
INTU	C	0.56%
UBER	D	0.56%
REGN	F	0.55%
EA	B	0.55%
INCY	B	0.54%
AMAT	F	0.54%
ABT	B	0.54%
WDAY	C	0.51%
MRNA	F	0.5%
HPE	B	0.5%
NOW	A	0.49%
MRVL	B	0.44%
CAT	B	0.43%
DE	B	0.43%
SPOT	B	0.4%
SNPS	B	0.4%
PANW	B	0.39%
PG	A	0.38%
TXN	D	0.37%
ABNB	C	0.36%
WDC	C	0.35%
LRCX	D	0.34%
SNOW	C	0.34%
CMI	A	0.34%
HPQ	B	0.34%
EXPE	B	0.33%
GE	C	0.33%
HON	B	0.32%
BIIB	F	0.31%
CDNS	B	0.31%
RIVN	D	0.3%
BSX	B	0.3%
ADSK	B	0.3%
EBAY	C	0.29%
RBLX	C	0.29%
MMM	C	0.29%
SYK	B	0.28%
LMT	D	0.27%
ADI	D	0.27%
DHR	D	0.26%
DASH	A	0.26%
ACN	B	0.26%
CTVA	A	0.26%
ILMN	C	0.25%
EXEL	A	0.25%
ISRG	B	0.23%
GEHC	F	0.23%
DDOG	B	0.22%
EW	C	0.22%
PINS	D	0.21%
TMO	F	0.21%
GLW	B	0.21%
NOC	D	0.21%
BDX	F	0.21%
CNH	B	0.2%
KLAC	D	0.2%
JNPR	F	0.2%
APTV	F	0.19%
NTAP	B	0.19%
ALNY	D	0.18%
U	C	0.17%
MCHP	D	0.17%
LCID	F	0.12%

LRND Underweight 26 Positions Relative to DIVP

Symbol	Grade	Weight
EOG	C	-4.39%
VICI	C	-3.83%
DUK	C	-3.6%
PPL	A	-3.6%
CVX	A	-3.51%
PM	A	-3.47%
C	B	-3.35%
TFC	B	-3.34%
BAC	A	-3.33%
KVUE	A	-3.28%
CAG	D	-3.25%
VZ	B	-3.24%
CMCSA	C	-3.23%
XOM	C	-3.22%
SYY	C	-2.92%
DOC	C	-2.86%
MO	A	-2.73%
BAX	F	-2.67%
JCI	C	-2.55%
JPM	B	-2.41%
TRV	B	-2.21%
DOW	F	-2.1%
GD	F	-2.03%
RIO	F	-1.81%
GPC	D	-1.81%
UPS	C	-1.75%