LRND vs. QLC ETF Comparison

Comparison of IQ U.S. Large Cap R&D Leaders ETF (LRND) to FlexShares US Quality Large Cap Index Fund (QLC)

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

QLC

FlexShares US Quality Large Cap Index Fund

QLC Description

FlexShares Trust - FlexShares US Quality Large Cap Index Fund is an exchange traded fund launched by Northern Trust Corporation. The fund is managed by Northern Trust Investments, Incorporated. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in momentum stocks of large-cap companies. The fund seeks to track the performance of the Northern Trust Quality Large Cap Index, by employing representative sampling methodology. FlexShares Trust - FlexShares US Quality Large Cap Index Fund is domiciled in the United States.

Grade (RS Rating)

Last Trade

$67.43

Average Daily Volume

43,756

Number of Holdings ^*

164

* may have additional holdings in another (foreign) market

Performance

Period	LRND	QLC
30 Days	2.07%	3.14%
60 Days	2.22%	4.71%
90 Days	4.29%	6.03%
12 Months	28.44%	34.37%

46 Overlapping Holdings

Symbol	Grade	Weight in LRND	Weight in QLC	Overlap
AAPL	C	5.93%	7.51%	5.93%
ABBV	D	1.24%	0.19%	0.19%
ABNB	C	0.36%	0.22%	0.22%
ABT	B	0.54%	0.13%	0.13%
ACN	C	0.26%	0.68%	0.26%
ADBE	C	0.7%	0.82%	0.7%
ADI	D	0.27%	0.47%	0.27%
AMAT	F	0.54%	0.66%	0.54%
AMGN	D	0.85%	0.55%	0.55%
AMZN	C	8.83%	2.34%	2.34%
AVGO	D	1.58%	1.69%	1.58%
BMY	B	2.13%	0.44%	0.44%
CAT	B	0.43%	0.95%	0.43%
CMI	A	0.34%	0.31%	0.31%
CRM	B	1.2%	0.04%	0.04%
CSCO	B	1.69%	1.25%	1.25%
DASH	A	0.26%	0.24%	0.24%
DELL	C	0.63%	0.33%	0.33%
DHR	F	0.26%	0.04%	0.04%
EA	A	0.55%	0.28%	0.28%
EBAY	D	0.29%	0.47%	0.29%
EXPE	B	0.33%	0.05%	0.05%
GE	D	0.33%	0.96%	0.33%
GEHC	F	0.23%	0.07%	0.07%
GILD	C	1.17%	0.15%	0.15%
GOOGL	C	8.96%	2.85%	2.85%
INTU	C	0.56%	1.08%	0.56%
JNJ	D	2.7%	1.48%	1.48%
KLAC	D	0.2%	0.64%	0.2%
LLY	F	1.55%	1.14%	1.14%
LMT	D	0.27%	0.58%	0.27%
LRCX	F	0.34%	0.72%	0.34%
MCHP	D	0.17%	0.22%	0.17%
META	D	6.33%	2.34%	2.34%
MMM	D	0.29%	0.25%	0.25%
MRK	F	2.9%	0.88%	0.88%
MSFT	F	5.41%	4.69%	4.69%
NFLX	A	0.64%	0.69%	0.64%
NTAP	C	0.19%	0.17%	0.17%
NVDA	C	2.45%	6.54%	2.45%
ORCL	B	1.91%	1.12%	1.12%
PG	A	0.38%	1.27%	0.38%
QCOM	F	1.63%	0.66%	0.66%
REGN	F	0.55%	0.06%	0.06%
SYK	C	0.28%	0.05%	0.05%
TSLA	B	1.22%	0.73%	0.73%

LRND Overweight 53 Positions Relative to QLC

Symbol	Grade	Weight
INTC	D	3.6%
GM	B	2.19%
PFE	D	1.72%
F	C	1.62%
VRTX	F	1.54%
IBM	C	1.3%
AMD	F	1.05%
SQ	B	0.72%
MU	D	0.69%
BA	F	0.66%
PYPL	B	0.63%
TEAM	A	0.61%
UBER	D	0.56%
RTX	C	0.55%
INCY	C	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%
DE	A	0.43%
SPOT	B	0.4%
SNPS	B	0.4%
PANW	C	0.39%
TXN	C	0.37%
WDC	D	0.35%
SNOW	C	0.34%
HPQ	B	0.34%
HON	B	0.32%
BIIB	F	0.31%
CDNS	B	0.31%
RIVN	F	0.3%
BSX	B	0.3%
ADSK	A	0.3%
RBLX	C	0.29%
CTVA	C	0.26%
ILMN	D	0.25%
EXEL	B	0.25%
ISRG	A	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%
JNPR	F	0.2%
APTV	D	0.19%
ALNY	D	0.18%
U	C	0.17%
LCID	F	0.12%

LRND Underweight 118 Positions Relative to QLC

Symbol	Grade	Weight
GOOG	C	-2.82%
BRK.A	B	-2.35%
JPM	A	-2.1%
BAC	A	-1.5%
C	A	-1.25%
SO	D	-0.84%
T	A	-0.78%
CMCSA	B	-0.78%
ITW	B	-0.77%
MCK	B	-0.77%
CI	F	-0.76%
COF	B	-0.72%
MS	A	-0.69%
BK	A	-0.68%
GS	A	-0.68%
FICO	B	-0.68%
ETR	B	-0.66%
BKNG	A	-0.66%
HD	A	-0.66%
GWW	B	-0.64%
SPG	B	-0.64%
CBRE	B	-0.63%
AFL	B	-0.62%
PEG	A	-0.61%
AZO	C	-0.56%
PPL	B	-0.56%
SYF	B	-0.56%
COR	B	-0.56%
MET	A	-0.55%
AVB	B	-0.55%
MPC	D	-0.54%
LDOS	C	-0.54%
PM	B	-0.54%
NVR	D	-0.54%
APP	B	-0.53%
ESS	B	-0.53%
VLO	C	-0.53%
AIG	B	-0.52%
ED	D	-0.51%
FTNT	C	-0.5%
PSA	D	-0.48%
STLD	B	-0.47%
NRG	B	-0.47%
CHKP	D	-0.46%
KR	B	-0.46%
WFC	A	-0.45%
LOW	D	-0.45%
STT	A	-0.44%
HST	C	-0.44%
EQR	B	-0.44%
WY	D	-0.43%
KMB	D	-0.43%
RCL	A	-0.4%
OMC	C	-0.39%
DVA	B	-0.39%
NUE	C	-0.39%
MELI	D	-0.38%
EXC	C	-0.38%
RMD	C	-0.38%
EXPD	D	-0.38%
UPS	C	-0.37%
CSL	C	-0.35%
GIS	D	-0.34%
CTSH	B	-0.34%
FIS	C	-0.34%
LH	C	-0.33%
CL	D	-0.33%
ALLY	C	-0.33%
MTD	D	-0.31%
PCAR	B	-0.3%
CNC	D	-0.29%
MO	A	-0.29%
TAP	C	-0.28%
WAB	B	-0.28%
PRU	A	-0.28%
FITB	A	-0.27%
JBL	B	-0.27%
MAS	D	-0.24%
PHM	D	-0.23%
OXY	D	-0.21%
EIX	B	-0.21%
HOOD	B	-0.21%
CAH	B	-0.21%
HOLX	D	-0.2%
HCA	F	-0.19%
IT	C	-0.19%
PSX	C	-0.19%
BBY	D	-0.19%
IDXX	F	-0.18%
FI	A	-0.18%
DFS	B	-0.18%
PAYX	C	-0.16%
ICLR	D	-0.14%
THC	D	-0.14%
UTHR	C	-0.13%
WSM	B	-0.13%
EME	C	-0.12%
ELV	F	-0.12%
LYB	F	-0.11%
MANH	D	-0.11%
CRBG	B	-0.09%
LEN	D	-0.09%
AOS	F	-0.08%
CE	F	-0.07%
FLEX	A	-0.07%
ZM	B	-0.06%
TGT	F	-0.06%
ADP	B	-0.05%
EVRG	A	-0.03%
JLL	D	-0.03%
ROP	B	-0.03%
MEDP	D	-0.02%
MAA	B	-0.02%
ADM	D	-0.02%
TXT	D	-0.02%
SMCI	F	-0.02%
LAMR	D	-0.02%
EMR	A	-0.02%