LRND vs. GRID ETF Comparison

Comparison of IQ U.S. Large Cap R&D Leaders ETF (LRND) to First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID)

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

$33.89

Average Daily Volume

416

Number of Holdings ^*

99

* may have additional holdings in another (foreign) market

GRID

First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund

GRID Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ OMX(R) Clean Edge(R) Smart Grid Infrastructure Index(SM). The fund normally invests at least 90% of assets in common stocks that comprise the index or in depositary receipts representing securities in the index. The index is designed to act as a transparent and liquid benchmark for the grid and electric energy infrastructure sector. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$125.46

Average Daily Volume

118,376

Number of Holdings ^*

44

* may have additional holdings in another (foreign) market

Performance

Period	LRND	GRID
30 Days	2.07%	1.39%
60 Days	2.22%	-0.51%
90 Days	4.29%	3.22%
12 Months	28.44%	32.01%

11 Overlapping Holdings

	Symbol	Grade	Weight in LRND	Weight in GRID	Overlap
	ABBV	D	1.24%	7.75%	1.24%
	ADI	D	0.27%	0.74%	0.27%
	APTV	D	0.19%	2.07%	0.19%
	CSCO	B	1.69%	1.62%	1.62%
	HON	B	0.32%	1.11%	0.32%
	IBM	C	1.3%	1.34%	1.3%
	NVDA	C	2.45%	2.42%	2.42%
	ORCL	B	1.91%	2.21%	1.91%
	QCOM	F	1.63%	1.27%	1.27%
	TSLA	B	1.22%	2.86%	1.22%
	TXN	C	0.37%	1.31%	0.37%

LRND Overweight 88 Positions Relative to GRID

	Symbol	Grade	Weight
	GOOGL	C	8.96%
	AMZN	C	8.83%
	META	D	6.33%
	AAPL	C	5.93%
	MSFT	F	5.41%
	INTC	D	3.6%
	MRK	F	2.9%
	JNJ	D	2.7%
	GM	B	2.19%
	BMY	B	2.13%
	PFE	D	1.72%
	F	C	1.62%
	AVGO	D	1.58%
	LLY	F	1.55%
	VRTX	F	1.54%
	CRM	B	1.2%
	GILD	C	1.17%
	AMD	F	1.05%
	AMGN	D	0.85%
	SQ	B	0.72%
	ADBE	C	0.7%
	MU	D	0.69%
	BA	F	0.66%
	NFLX	A	0.64%
	PYPL	B	0.63%
	DELL	C	0.63%
	TEAM	A	0.61%
	INTU	C	0.56%
	UBER	D	0.56%
	REGN	F	0.55%
	RTX	C	0.55%
	EA	A	0.55%
	INCY	C	0.54%
	AMAT	F	0.54%
	ABT	B	0.54%
	MDT	D	0.52%
	WDAY	B	0.51%
	MRNA	F	0.5%
	HPE	B	0.5%
	NOW	A	0.49%
	MRVL	B	0.44%
	CAT	B	0.43%
	DE	A	0.43%
	SPOT	B	0.4%
	SNPS	B	0.4%
	PANW	C	0.39%
	PG	A	0.38%
	ABNB	C	0.36%
	WDC	D	0.35%
	LRCX	F	0.34%
	SNOW	C	0.34%
	CMI	A	0.34%
	HPQ	B	0.34%
	EXPE	B	0.33%
	GE	D	0.33%
	BIIB	F	0.31%
	CDNS	B	0.31%
	RIVN	F	0.3%
	BSX	B	0.3%
	ADSK	A	0.3%
	EBAY	D	0.29%
	RBLX	C	0.29%
	MMM	D	0.29%
	SYK	C	0.28%
	LMT	D	0.27%
	DHR	F	0.26%
	DASH	A	0.26%
	ACN	C	0.26%
	CTVA	C	0.26%
	ILMN	D	0.25%
	EXEL	B	0.25%
	ISRG	A	0.23%
	GEHC	F	0.23%
	DDOG	A	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	C	0.2%
	KLAC	D	0.2%
	JNPR	F	0.2%
	NTAP	C	0.19%
	ALNY	D	0.18%
	U	C	0.17%
	MCHP	D	0.17%
	LCID	F	0.12%

LRND Underweight 33 Positions Relative to GRID

	Symbol	Grade	Weight
	ETN	A	-9.28%
	JCI	C	-9.12%
	PWR	A	-4.63%
	HUBB	B	-4.04%
	NVT	B	-1.81%
	ENPH	F	-1.37%
	ITRI	B	-0.77%
	GEV	B	-0.61%
	AEIS	B	-0.56%
	EMR	A	-0.55%
	ATKR	C	-0.52%
	NXPI	D	-0.36%
	MYRG	B	-0.33%
	FLNC	C	-0.19%
	AMSC	B	-0.18%
	TRMB	B	-0.12%
	SEDG	F	-0.11%
	WLDN	D	-0.1%
	GNRC	B	-0.08%
	AES	F	-0.06%
	MTZ	B	-0.06%
	PLPC	B	-0.06%
	WCC	B	-0.06%
	VMI	B	-0.05%
	LFUS	F	-0.04%
	ENS	D	-0.03%
	BDC	B	-0.03%
	ACA	A	-0.03%
	ESE	B	-0.02%
	DGII	B	-0.01%
	AZZ	B	-0.01%
	STM	F	-0.01%
	EBR	F	-0.0%

LRND: Top Represented Industries & Keywords

Industries: Software - Application Drug Manufacturers - Major Semiconductors Biotechnology Auto Manufacturers Medical Devices Aerospace & Defense Internet Content & Information Communication Equipment Diagnostics & Research Diversified Industrials Farm & Construction Equipment Semiconductor Equipment & Materials Computer Systems Data Storage Information Technology Services Internet Content & Information Medical Instruments & Supplies Software - Infrastructure Specialty Retail

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Medicine Work From Home Cloud Computing Integrated Circuits Mobile Devices Semiconductor Biotechnology Electronics Operating System Software Pharmaceutical Products Biopharmaceutical Cloud Infrastructure Hypertension Infection Inflammation

GRID: Top Represented Industries & Keywords

Industries: Electronic Components Semiconductors Diversified Industrials Engineering & Construction Scientific & Technical Instruments Communication Equipment Utilities - Renewable Auto Manufacturers Auto Parts Drug Manufacturers - Major Electronics Distribution Industrial Distribution Information Technology Services Infrastructure Operations Metal Fabrication Semiconductor Equipment & Materials Software - Infrastructure Solar Specialty Industrial Machinery Utilities - Diversified

Keywords: S&P 500 Nasdaq 100 Computing Electrical Engineering Integrated Circuits Telecommunications Electricity Fabless Semiconductor Companies Mining Natural Gas Semiconductor Dow Jones Component Electrical Products Electromagnetism Fiber Optics Power Management Renewable Energy Telecommunications Equipment Analog Devices Batteries