LRND vs. QQXT ETF Comparison

Comparison of IQ U.S. Large Cap R&D Leaders ETF (LRND) to First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT)

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

$33.23

Average Daily Volume

605

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QQXT

First Trust NASDAQ-100 Ex-Technology Sector Index Fund

QQXT 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-100 Ex-Tech Sector Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-weighted index based on the securities of the NASDAQ-100 Index(R) that are not classified as "technology" according to the Industry Classification Benchmark ("ICB") classification system and, as a result, is a subset of the NASDAQ-100 Index(R). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$92.67

Average Daily Volume

4,271

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LRND	QQXT
30 Days	4.62%	2.30%
60 Days	11.05%	7.61%
90 Days	-0.96%	4.91%
12 Months	33.73%	17.26%

17 Overlapping Holdings

Symbol	Grade	Weight in LRND	Weight in QQXT	Overlap
ABNB	D	0.29%	1.66%	0.29%
AMGN	D	1.02%	1.64%	1.02%
AMZN	C	8.25%	1.67%	1.67%
BIIB	F	0.35%	1.64%	0.35%
CSCO	A	1.68%	1.75%	1.68%
EA	D	0.48%	1.77%	0.48%
GEHC	C	0.29%	1.74%	0.29%
GILD	A	1.33%	1.74%	1.33%
HON	C	0.27%	1.73%	0.27%
ILMN	B	0.31%	1.83%	0.31%
ISRG	C	0.23%	1.74%	0.23%
MRNA	F	0.41%	1.66%	0.41%
NFLX	A	0.54%	1.74%	0.54%
PYPL	A	0.74%	1.74%	0.74%
REGN	D	0.79%	1.58%	0.79%
TSLA	C	1.2%	1.81%	1.2%
VRTX	D	0.66%	1.72%	0.66%

LRND Overweight 82 Positions Relative to QQXT

Symbol	Grade	Weight
GOOGL	B	8.06%
META	A	6.84%
AAPL	C	6.57%
MSFT	D	5.2%
MRK	F	4.25%
JNJ	D	3.21%
INTC	D	2.37%
BMY	A	2.28%
PFE	D	2.13%
ORCL	A	2.07%
LLY	D	1.9%
GM	D	1.79%
NVDA	B	1.76%
IBM	A	1.71%
ABBV	C	1.63%
AVGO	B	1.49%
F	D	1.41%
QCOM	D	1.34%
AMD	C	1.17%
CRM	B	1.09%
ADBE	F	0.69%
UBER	C	0.66%
RTX	A	0.63%
MDT	C	0.58%
BA	F	0.58%
SQ	D	0.57%
ABT	C	0.57%
WDAY	D	0.54%
AMAT	C	0.51%
INTU	F	0.51%
NOW	B	0.51%
CAT	A	0.5%
DE	C	0.48%
MMM	C	0.46%
MU	D	0.45%
HPE	B	0.44%
GE	B	0.44%
DELL	C	0.44%
PG	D	0.4%
SPOT	C	0.38%
TXN	C	0.38%
TEAM	D	0.38%
RIVN	F	0.38%
PANW	B	0.36%
LMT	A	0.36%
EBAY	A	0.36%
MRVL	C	0.36%
DHR	D	0.34%
CMI	A	0.34%
SNPS	F	0.33%
ALNY	C	0.33%
INCY	B	0.33%
RBLX	D	0.32%
WDC	C	0.32%
EXPE	B	0.31%
BSX	A	0.3%
ADI	B	0.3%
ADSK	B	0.3%
HPQ	B	0.3%
ACN	B	0.29%
U	D	0.29%
CTVA	A	0.29%
NOC	B	0.28%
TMO	D	0.28%
SYK	C	0.27%
LCID	F	0.27%
LRCX	D	0.27%
DASH	A	0.25%
APTV	D	0.24%
CDNS	D	0.24%
JNPR	C	0.24%
SNOW	F	0.24%
BDX	C	0.23%
GLW	C	0.23%
EXEL	B	0.23%
CNH	C	0.22%
KLAC	B	0.22%
DDOG	B	0.19%
NTAP	D	0.19%
MCHP	F	0.18%
EW	F	0.15%
PINS	D	0.15%

LRND Underweight 41 Positions Relative to QQXT

Symbol	Grade	Weight
PAYX	B	-1.83%
CEG	A	-1.8%
TMUS	A	-1.8%
ORLY	A	-1.79%
ADP	A	-1.78%
CMCSA	B	-1.78%
BKR	B	-1.78%
CPRT	B	-1.77%
XEL	C	-1.76%
EXC	C	-1.76%
TTWO	D	-1.76%
MAR	A	-1.76%
BKNG	B	-1.76%
VRSK	D	-1.75%
LIN	C	-1.75%
AZN	D	-1.75%
SBUX	B	-1.74%
CTAS	C	-1.74%
FAST	C	-1.74%
FANG	D	-1.73%
CHTR	D	-1.72%
MNST	D	-1.72%
ODFL	F	-1.72%
AEP	C	-1.72%
PCAR	D	-1.71%
PEP	F	-1.71%
KDP	C	-1.71%
TTD	A	-1.71%
LULU	D	-1.71%
KHC	F	-1.7%
COST	C	-1.69%
CSX	D	-1.69%
CSGP	F	-1.68%
MDLZ	D	-1.68%
WBD	F	-1.67%
DLTR	F	-1.67%
IDXX	D	-1.66%
CCEP	C	-1.66%
DXCM	F	-1.65%
ROST	D	-1.65%
MELI	D	-1.61%