LRND vs. INNO ETF Comparison

Comparison of IQ U.S. Large Cap R&D Leaders ETF (LRND) to Harbor Disruptive Innovation ETF (INNO)

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 ^*

* may have additional holdings in another (foreign) market

INNO

Harbor Disruptive Innovation ETF

INNO Description

INNO invests in stocks of any size with growth potential linked to disruptive innovation. The fund aims to achieve enhanced risk-adjusted investment outcome by utilizing an active multi-manager approach in which the advisor allocates assets among subadvisors. Each subadvisor represents a strategy that targets associated disruptive companies in technology, advanced therapies, analog-to-digital transition, structural changes and secular trends, and products or services with large demand. The advisor determines and adjusts allocations based on qualitative and quantitative assessments of each strategy, as well as in combination. The fund may invest up to 25% in foreign markets, including developing countries. INNO utilizes the same investment strategy and portfolio management team as its mutual fund counterpart, Harbor Disruptive Innovation Fund.

Grade (RS Rating)

Last Trade

$17.23

Average Daily Volume

29,808

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LRND	INNO
30 Days	2.07%	8.00%
60 Days	2.22%	8.03%
90 Days	4.29%	10.18%
12 Months	28.44%	29.81%

24 Overlapping Holdings

Symbol	Grade	Weight in LRND	Weight in INNO	Overlap
AMAT	F	0.54%	0.61%	0.54%
AMD	F	1.05%	1.36%	1.05%
AMZN	C	8.83%	2.97%	2.97%
CDNS	B	0.31%	3.13%	0.31%
CRM	B	1.2%	0.9%	0.9%
DASH	A	0.26%	2.82%	0.26%
DDOG	A	0.22%	1.38%	0.22%
DHR	F	0.26%	2.42%	0.26%
GOOGL	C	8.96%	1.96%	1.96%
LLY	F	1.55%	0.54%	0.54%
LRCX	F	0.34%	2.42%	0.34%
META	D	6.33%	2.01%	2.01%
MRNA	F	0.5%	0.39%	0.39%
MSFT	F	5.41%	1.92%	1.92%
NFLX	A	0.64%	1.14%	0.64%
NOW	A	0.49%	3.73%	0.49%
NVDA	C	2.45%	4.35%	2.45%
ORCL	B	1.91%	0.81%	0.81%
PANW	C	0.39%	0.8%	0.39%
SNOW	C	0.34%	0.43%	0.34%
SQ	B	0.72%	0.65%	0.65%
TEAM	A	0.61%	2.23%	0.61%
TSLA	B	1.22%	0.46%	0.46%
TXN	C	0.37%	2.3%	0.37%

LRND Overweight 75 Positions Relative to INNO

Symbol	Grade	Weight
AAPL	C	5.93%
INTC	D	3.6%
MRK	F	2.9%
JNJ	D	2.7%
GM	B	2.19%
BMY	B	2.13%
PFE	D	1.72%
CSCO	B	1.69%
QCOM	F	1.63%
F	C	1.62%
AVGO	D	1.58%
VRTX	F	1.54%
IBM	C	1.3%
ABBV	D	1.24%
GILD	C	1.17%
AMGN	D	0.85%
ADBE	C	0.7%
MU	D	0.69%
BA	F	0.66%
PYPL	B	0.63%
DELL	C	0.63%
INTU	C	0.56%
UBER	D	0.56%
REGN	F	0.55%
RTX	C	0.55%
EA	A	0.55%
INCY	C	0.54%
ABT	B	0.54%
MDT	D	0.52%
WDAY	B	0.51%
HPE	B	0.5%
MRVL	B	0.44%
CAT	B	0.43%
DE	A	0.43%
SPOT	B	0.4%
SNPS	B	0.4%
PG	A	0.38%
ABNB	C	0.36%
WDC	D	0.35%
CMI	A	0.34%
HPQ	B	0.34%
EXPE	B	0.33%
GE	D	0.33%
HON	B	0.32%
BIIB	F	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%
ADI	D	0.27%
ACN	C	0.26%
CTVA	C	0.26%
ILMN	D	0.25%
EXEL	B	0.25%
ISRG	A	0.23%
GEHC	F	0.23%
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%
APTV	D	0.19%
NTAP	C	0.19%
ALNY	D	0.18%
U	C	0.17%
MCHP	D	0.17%
LCID	F	0.12%

LRND Underweight 44 Positions Relative to INNO

Symbol	Grade	Weight
SHOP	B	-3.91%
GOOG	C	-3.38%
FI	A	-2.94%
MELI	D	-2.85%
PGR	A	-2.82%
URI	B	-2.81%
LIN	D	-2.53%
IOT	A	-2.16%
TOST	B	-2.03%
ASND	D	-1.55%
CMG	B	-1.51%
TSM	B	-1.33%
PCOR	B	-1.2%
CGNX	C	-1.2%
NET	B	-1.17%
HUBS	A	-1.11%
GTLS	B	-1.09%
S	B	-0.84%
SAP	B	-0.84%
SE	B	-0.83%
MEDP	D	-0.82%
MNDY	C	-0.8%
ZS	C	-0.79%
MTSI	B	-0.77%
GEV	B	-0.67%
ROKU	D	-0.65%
LSCC	D	-0.64%
NU	C	-0.63%
DT	C	-0.62%
MDB	C	-0.62%
PODD	C	-0.58%
GLBE	B	-0.57%
OKTA	C	-0.53%
DKNG	B	-0.5%
ICLR	D	-0.46%
CRWD	B	-0.45%
SAIA	B	-0.45%
LEGN	F	-0.41%
TDG	D	-0.33%
RCKT	F	-0.33%
DXCM	D	-0.32%
CHKP	D	-0.32%
PCVX	D	-0.25%
BCYC	F	-0.16%