LRND vs. FLQL ETF Comparison

Comparison of IQ U.S. Large Cap R&D Leaders ETF (LRND) to Franklin LibertyQ U.S. Equity ETF (FLQL)

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

$33.24

Average Daily Volume

366

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FLQL

Franklin LibertyQ U.S. Equity ETF

FLQL Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ U.S. Large Cap Equity Index (the U.S. Large Cap underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the U.S. Large Cap underlying index. The U.S. Large Cap underlying index is based on the Russell 1000® Index using a methodology developed with Franklin Templeton to reflect Franklin Templeton's desired investment strategy.

Grade (RS Rating)

Last Trade

$57.60

Average Daily Volume

49,140

Number of Holdings ^*

208

* may have additional holdings in another (foreign) market

Performance

Period	LRND	FLQL
30 Days	1.84%	1.00%
60 Days	0.29%	1.86%
90 Days	1.83%	3.69%
12 Months	33.18%	33.90%

36 Overlapping Holdings

Symbol	Grade	Weight in LRND	Weight in FLQL	Overlap
AAPL	C	6.45%	6.43%	6.43%
ABBV	C	1.65%	1.74%	1.65%
AMAT	D	0.49%	1.07%	0.49%
AMGN	B	1.08%	1.32%	1.08%
AMZN	C	8.48%	2.91%	2.91%
AVGO	C	1.49%	1.98%	1.49%
BSX	B	0.31%	0.7%	0.31%
CAT	B	0.45%	1.24%	0.45%
CMI	C	0.33%	0.16%	0.16%
CSCO	B	1.62%	1.43%	1.43%
DELL	C	0.44%	0.11%	0.11%
EBAY	B	0.36%	0.13%	0.13%
GLW	B	0.22%	0.13%	0.13%
GM	B	1.9%	0.22%	0.22%
GOOGL	D	7.86%	1.93%	1.93%
HPE	D	0.38%	0.17%	0.17%
HPQ	D	0.29%	0.26%	0.26%
IBM	A	1.71%	1.46%	1.46%
ISRG	C	0.23%	1.24%	0.23%
JNJ	C	3.37%	1.77%	1.77%
JNPR	A	0.25%	0.1%	0.1%
KLAC	D	0.23%	0.86%	0.23%
LLY	C	2.03%	1.83%	1.83%
LRCX	F	0.26%	0.83%	0.26%
MCHP	D	0.18%	0.3%	0.18%
META	A	6.45%	2.55%	2.55%
MRK	D	4.46%	1.4%	1.4%
MSFT	C	5.35%	6.7%	5.35%
NTAP	D	0.19%	0.21%	0.19%
NVDA	D	1.77%	5.25%	1.77%
QCOM	F	1.36%	1.08%	1.08%
REGN	C	0.9%	0.94%	0.9%
SYK	C	0.28%	0.99%	0.28%
TSLA	C	1.08%	0.76%	0.76%
TXN	C	0.38%	1.25%	0.38%
VRTX	D	0.7%	1.08%	0.7%

LRND Overweight 63 Positions Relative to FLQL

Symbol	Grade	Weight
BMY	C	2.23%
PFE	C	2.21%
INTC	F	2.04%
ORCL	B	2.02%
F	F	1.47%
GILD	B	1.35%
AMD	D	1.12%
CRM	D	1.04%
ADBE	F	0.73%
PYPL	B	0.68%
UBER	C	0.65%
RTX	C	0.64%
BA	F	0.62%
MDT	C	0.6%
ABT	C	0.6%
WDAY	D	0.57%
INTU	C	0.56%
SQ	D	0.56%
NFLX	B	0.54%
NOW	A	0.52%
EA	D	0.5%
RIVN	F	0.48%
MMM	A	0.46%
DE	B	0.46%
MRNA	F	0.43%
GE	A	0.43%
TEAM	D	0.41%
PG	C	0.41%
MU	F	0.4%
MRVL	C	0.39%
PANW	C	0.37%
SPOT	B	0.36%
BIIB	F	0.36%
LMT	B	0.36%
RBLX	B	0.34%
DHR	C	0.34%
ALNY	C	0.33%
INCY	C	0.33%
SNPS	D	0.33%
ADI	C	0.31%
LCID	D	0.31%
WDC	D	0.31%
ILMN	C	0.31%
ADSK	C	0.3%
CTVA	B	0.29%
EXPE	C	0.29%
ACN	C	0.29%
ABNB	D	0.28%
TMO	C	0.28%
NOC	A	0.28%
GEHC	C	0.27%
HON	D	0.27%
U	D	0.26%
CDNS	D	0.25%
SNOW	F	0.25%
DASH	B	0.24%
EXEL	C	0.24%
BDX	F	0.23%
APTV	D	0.23%
CNH	D	0.21%
DDOG	D	0.18%
EW	F	0.16%
PINS	F	0.14%

LRND Underweight 172 Positions Relative to FLQL

Symbol	Grade	Weight
MA	B	-1.76%
COST	B	-1.75%
GOOG	D	-1.65%
VZ	B	-1.33%
WMT	B	-1.32%
BRK.A	C	-1.12%
JPM	D	-1.09%
BKNG	B	-1.04%
CMCSA	D	-1.02%
TJX	C	-0.98%
T	C	-0.94%
ETN	C	-0.89%
C	D	-0.87%
ANET	A	-0.81%
MO	C	-0.8%
WM	D	-0.76%
HCA	A	-0.64%
CI	C	-0.62%
CMG	C	-0.61%
TT	A	-0.58%
ZTS	C	-0.57%
PGR	A	-0.57%
MCO	A	-0.56%
CL	C	-0.54%
APH	C	-0.54%
MPC	D	-0.5%
DHI	C	-0.46%
PH	A	-0.46%
SPG	A	-0.46%
MSI	B	-0.45%
MCK	F	-0.44%
PCAR	D	-0.44%
CB	B	-0.43%
XOM	D	-0.42%
PSA	B	-0.42%
URI	B	-0.39%
TMUS	C	-0.37%
CTAS	C	-0.36%
LEN	C	-0.36%
GWW	A	-0.36%
IDXX	D	-0.34%
VLO	F	-0.34%
RSG	D	-0.33%
GD	B	-0.32%
ACGL	B	-0.31%
FAST	C	-0.3%
HLT	B	-0.27%
CTSH	C	-0.26%
PHM	B	-0.26%
NUE	F	-0.25%
DECK	D	-0.23%
NVR	B	-0.23%
EMR	D	-0.22%
LYB	F	-0.19%
BLDR	C	-0.19%
GRMN	D	-0.19%
WSM	D	-0.18%
FANG	D	-0.18%
CDW	D	-0.17%
SYF	C	-0.16%
LDOS	B	-0.16%
CSL	B	-0.15%
HWM	B	-0.15%
TOL	B	-0.15%
GDDY	C	-0.15%
LII	B	-0.15%
PEG	A	-0.15%
PKG	B	-0.14%
MAS	B	-0.14%
IRM	B	-0.14%
HIG	B	-0.14%
STLD	D	-0.14%
RS	D	-0.13%
TSCO	C	-0.13%
UHS	B	-0.13%
APP	B	-0.13%
THC	B	-0.12%
SWKS	F	-0.12%
DPZ	D	-0.12%
LPLA	F	-0.12%
EXP	B	-0.12%
OHI	C	-0.12%
DKS	D	-0.12%
WAB	A	-0.12%
WSO	C	-0.12%
HIW	B	-0.12%
CLH	A	-0.12%
CASY	D	-0.12%
UTHR	C	-0.12%
CUZ	B	-0.12%
JEF	B	-0.12%
HRB	C	-0.12%
COKE	C	-0.12%
RGA	B	-0.12%
OC	D	-0.12%
LAMR	A	-0.11%
KRC	B	-0.11%
PPC	D	-0.11%
AWI	B	-0.11%
R	B	-0.11%
ETR	A	-0.11%
ALSN	B	-0.11%
CFG	C	-0.11%
EHC	B	-0.11%
LEN	C	-0.11%
SCCO	D	-0.11%
TXRH	C	-0.11%
CW	A	-0.11%
BLD	D	-0.11%
EVR	A	-0.11%
ESS	C	-0.11%
BBY	C	-0.11%
NNN	C	-0.11%
EPR	B	-0.11%
CF	C	-0.11%
MUSA	D	-0.11%
MTG	B	-0.11%
DAL	C	-0.11%
OGN	D	-0.1%
CE	F	-0.1%
LOPE	D	-0.1%
CRI	D	-0.1%
JBL	D	-0.1%
SAIC	C	-0.1%
FIX	A	-0.1%
NEU	D	-0.1%
NBIX	F	-0.1%
AGO	C	-0.1%
IBKR	A	-0.1%
EMN	B	-0.1%
ITT	B	-0.1%
MEDP	D	-0.1%
WING	B	-0.1%
NFG	B	-0.1%
SMCI	F	-0.1%
AXS	B	-0.1%
CHE	C	-0.1%
CRUS	D	-0.1%
IP	C	-0.1%
CACI	B	-0.1%
MDU	B	-0.1%
INGR	B	-0.1%
DVA	B	-0.1%
TER	D	-0.09%
OSK	D	-0.09%
AVT	C	-0.09%
WU	D	-0.09%
OMF	D	-0.09%
RL	B	-0.09%
TNL	D	-0.09%
DCI	D	-0.09%
X	D	-0.09%
MSM	D	-0.09%
AYI	A	-0.09%
TPR	C	-0.09%
KEX	C	-0.09%
NRG	A	-0.09%
SLM	D	-0.09%
GNTX	D	-0.08%
PSTG	F	-0.08%
NVT	D	-0.08%
CROX	D	-0.08%
PK	D	-0.08%
OVV	F	-0.08%
SNX	D	-0.08%
LNC	D	-0.08%
BJ	D	-0.08%
GAP	F	-0.07%
CIVI	F	-0.07%
M	F	-0.07%
APA	F	-0.07%
BBWI	F	-0.05%