LRND vs. TECB ETF Comparison

Comparison of IQ U.S. Large Cap R&D Leaders ETF (LRND) to iShares U.S. Tech Breakthrough Multisector ETF (TECB)

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

$32.86

Average Daily Volume

605

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TECB

iShares U.S. Tech Breakthrough Multisector ETF

TECB Description

The fund seeks to track the investment results of the NYSE FactSet U.S. Tech Breakthrough Index (the underlying index), which measures the performance of U.S. listed companies engaged in cutting edge research and development of products and services in the areas of robotics and artificial intelligence, cyber security, cloud and data tech, financial technology, and genomics and immunology. It generally will invest at least 90% of its assets in the component securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.90

Average Daily Volume

21,695

Number of Holdings ^*

164

* may have additional holdings in another (foreign) market

Performance

Period	LRND	TECB
30 Days	0.72%	2.36%
60 Days	6.41%	8.48%
90 Days	-2.07%	-1.77%
12 Months	32.24%	38.63%

37 Overlapping Holdings

Symbol	Grade	Weight in LRND	Weight in TECB	Overlap
AAPL	C	6.57%	4.39%	4.39%
ADBE	F	0.69%	3.23%	0.69%
ADI	C	0.3%	1.61%	0.3%
ADSK	C	0.3%	0.83%	0.3%
AMD	B	1.17%	3.78%	1.17%
AMZN	C	8.25%	3.94%	3.94%
CRM	B	1.09%	4.06%	1.09%
EBAY	A	0.36%	0.5%	0.36%
EXEL	B	0.23%	0.14%	0.14%
GILD	A	1.33%	1.91%	1.33%
GOOGL	B	8.06%	3.54%	3.54%
HPQ	B	0.3%	0.56%	0.3%
INCY	B	0.33%	0.27%	0.27%
INTC	D	2.37%	1.43%	1.43%
INTU	F	0.51%	1.12%	0.51%
ISRG	C	0.23%	2.41%	0.23%
JNPR	B	0.24%	0.36%	0.24%
MCHP	F	0.18%	0.59%	0.18%
META	A	6.84%	4.37%	4.37%
MRK	F	4.25%	3.29%	3.29%
MRNA	F	0.41%	0.4%	0.4%
MSFT	D	5.2%	3.86%	3.86%
NFLX	B	0.54%	4.21%	0.54%
NOW	C	0.51%	2.82%	0.51%
NTAP	D	0.19%	0.4%	0.19%
NVDA	B	1.76%	3.9%	1.76%
ORCL	C	2.07%	4.19%	2.07%
PANW	D	0.36%	3.1%	0.36%
PINS	C	0.15%	0.27%	0.15%
PYPL	C	0.74%	0.54%	0.54%
QCOM	C	1.34%	2.7%	1.34%
REGN	D	0.79%	2.04%	0.79%
SNOW	F	0.24%	0.54%	0.24%
SQ	D	0.57%	0.24%	0.24%
TEAM	D	0.38%	0.4%	0.38%
TXN	C	0.38%	2.67%	0.38%
WDC	C	0.32%	0.35%	0.32%

LRND Overweight 62 Positions Relative to TECB

Symbol	Grade	Weight
JNJ	D	3.21%
BMY	B	2.28%
PFE	D	2.13%
LLY	D	1.9%
GM	D	1.79%
IBM	A	1.71%
CSCO	A	1.68%
ABBV	B	1.63%
AVGO	C	1.49%
F	D	1.41%
TSLA	C	1.2%
AMGN	D	1.02%
UBER	C	0.66%
VRTX	D	0.66%
RTX	A	0.63%
MDT	C	0.58%
BA	F	0.58%
ABT	C	0.57%
WDAY	D	0.54%
AMAT	B	0.51%
CAT	A	0.5%
EA	D	0.48%
DE	B	0.48%
MMM	C	0.46%
MU	D	0.45%
HPE	B	0.44%
GE	C	0.44%
DELL	C	0.44%
PG	D	0.4%
SPOT	C	0.38%
RIVN	F	0.38%
LMT	A	0.36%
MRVL	B	0.36%
BIIB	F	0.35%
DHR	D	0.34%
CMI	A	0.34%
SNPS	F	0.33%
ALNY	C	0.33%
RBLX	D	0.32%
EXPE	B	0.31%
ILMN	B	0.31%
BSX	A	0.3%
GEHC	C	0.29%
ACN	B	0.29%
U	D	0.29%
CTVA	A	0.29%
ABNB	D	0.29%
NOC	B	0.28%
TMO	D	0.28%
SYK	C	0.27%
HON	C	0.27%
LCID	D	0.27%
LRCX	D	0.27%
DASH	B	0.25%
APTV	D	0.24%
CDNS	D	0.24%
BDX	C	0.23%
GLW	C	0.23%
CNH	D	0.22%
KLAC	B	0.22%
DDOG	C	0.19%
EW	F	0.15%

LRND Underweight 127 Positions Relative to TECB

Symbol	Grade	Weight
V	C	-2.76%
MA	A	-2.63%
CRWD	D	-1.82%
MELI	D	-1.54%
FTNT	B	-1.39%
EQIX	C	-1.3%
DLR	C	-0.82%
FI	A	-0.67%
BAH	A	-0.58%
AME	D	-0.56%
IRM	A	-0.53%
CPNG	C	-0.45%
ZS	F	-0.44%
AKAM	D	-0.43%
MSTR	B	-0.41%
HUBS	D	-0.41%
ANSS	D	-0.4%
OKTA	F	-0.34%
GDDY	D	-0.31%
CACI	A	-0.31%
FIS	B	-0.3%
MDB	D	-0.3%
PSTG	F	-0.24%
NTNX	C	-0.23%
COIN	F	-0.22%
SRPT	F	-0.21%
SAIC	A	-0.2%
S	D	-0.18%
VRNS	C	-0.17%
GPN	F	-0.16%
BR	B	-0.16%
TWLO	B	-0.16%
SNAP	D	-0.15%
CPAY	A	-0.14%
QLYS	F	-0.13%
TENB	F	-0.13%
RVMD	B	-0.11%
LUMN	C	-0.1%
CGNX	F	-0.1%
ETSY	F	-0.1%
BPMC	F	-0.1%
CVLT	C	-0.1%
SSNC	C	-0.1%
LSCC	D	-0.1%
PARA	F	-0.09%
TW	A	-0.09%
BSY	D	-0.09%
DBX	B	-0.09%
GWRE	A	-0.09%
GTLB	D	-0.09%
JKHY	A	-0.08%
AFRM	C	-0.07%
TOST	B	-0.07%
YOU	C	-0.07%
CFLT	F	-0.07%
ALRM	F	-0.07%
ALTR	C	-0.07%
MKTX	B	-0.06%
ACLX	C	-0.06%
RPD	D	-0.06%
CALX	D	-0.06%
PEGA	C	-0.05%
TWST	D	-0.05%
SOFI	C	-0.05%
SLAB	D	-0.05%
INFA	D	-0.05%
WEX	C	-0.05%
BILL	D	-0.04%
OMF	F	-0.04%
BEAM	F	-0.04%
NTLA	F	-0.04%
DOCN	C	-0.04%
IOVA	F	-0.04%
SWTX	F	-0.04%
AI	F	-0.04%
GERN	D	-0.04%
PRGS	B	-0.04%
TDC	D	-0.04%
DVAX	D	-0.03%
EEFT	F	-0.03%
CCCS	D	-0.03%
BCRX	D	-0.03%
FRSH	F	-0.03%
QTWO	C	-0.03%
ATEN	B	-0.03%
NVAX	C	-0.03%
LGND	D	-0.03%
ACIW	B	-0.03%
FOUR	B	-0.03%
FSLY	D	-0.02%
NCNO	D	-0.02%
VIRT	B	-0.02%
BL	C	-0.02%
MTTR	B	-0.02%
AVPT	C	-0.02%
ZUO	F	-0.02%
CWAN	C	-0.02%
UPST	C	-0.02%
INTA	C	-0.02%
SIRI	C	-0.02%
APPN	B	-0.02%
XNCR	D	-0.02%
PTON	C	-0.02%
WK	D	-0.02%
DDD	D	-0.01%
BMBL	F	-0.01%
AVDX	F	-0.01%
BASE	F	-0.01%
PRLB	F	-0.01%
ARCT	D	-0.01%
ALKT	D	-0.01%
PAYO	A	-0.01%
PAR	D	-0.01%
DFIN	D	-0.01%
SYM	F	-0.01%
MQ	F	-0.01%
VMEO	C	-0.01%
VIR	F	-0.01%
VERX	A	-0.01%
ENVA	C	-0.01%
FLYW	F	-0.01%
RCUS	F	-0.01%
CXM	F	-0.01%
LPRO	D	-0.0%
WRLD	D	-0.0%
RPAY	F	-0.0%
DNA	F	-0.0%