LRND vs. TECL ETF Comparison

Comparison of IQ U.S. Large Cap R&D Leaders ETF (LRND) to Direxion Technology Bull 3X Shares (TECL)

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

$33.24

Average Daily Volume

365

Number of Holdings ^*

99

* may have additional holdings in another (foreign) market

TECL

Direxion Technology Bull 3X Shares

TECL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the Technology Select Sector Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the index and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index includes domestic companies from the following industries: computers & peripherals; software; diversified telecommunications services; communications equipment; semiconductors & seminconductor equipment; internet software & services; IT services; etc. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$84.53

Average Daily Volume

1,944,983

Number of Holdings ^*

66

* may have additional holdings in another (foreign) market

Performance

Period	LRND	TECL
30 Days	2.38%	-4.58%
60 Days	1.49%	-5.09%
90 Days	1.85%	-15.18%
12 Months	30.82%	86.37%

32 Overlapping Holdings

	Symbol	Grade	Weight in LRND	Weight in TECL	Overlap
	AAPL	C	6.45%	3.15%	3.15%
	ACN	C	0.29%	1.49%	0.29%
	ADBE	F	0.73%	1.78%	0.73%
	ADI	C	0.31%	0.74%	0.31%
	ADSK	C	0.3%	0.38%	0.3%
	AMAT	D	0.49%	1.03%	0.49%
	AMD	D	1.12%	1.65%	1.12%
	AVGO	C	1.49%	2.85%	1.49%
	CDNS	D	0.25%	0.5%	0.25%
	CRM	D	1.04%	1.67%	1.04%
	CSCO	C	1.62%	1.36%	1.36%
	GLW	C	0.22%	0.22%	0.22%
	HPE	D	0.38%	0.15%	0.15%
	HPQ	D	0.29%	0.19%	0.19%
	IBM	B	1.71%	1.32%	1.32%
	INTC	F	2.04%	0.56%	0.56%
	INTU	C	0.56%	1.23%	0.56%
	JNPR	B	0.25%	0.08%	0.08%
	KLAC	D	0.23%	0.67%	0.23%
	LRCX	F	0.26%	0.66%	0.26%
	MCHP	F	0.18%	0.28%	0.18%
	MSFT	C	5.35%	14.09%	5.35%
	MU	F	0.4%	0.65%	0.4%
	NOW	B	0.52%	1.23%	0.52%
	NTAP	D	0.19%	0.16%	0.16%
	NVDA	D	1.77%	13.02%	1.77%
	ORCL	C	2.02%	1.74%	1.74%
	PANW	D	0.37%	0.76%	0.37%
	QCOM	D	1.36%	1.25%	1.25%
	SNPS	F	0.33%	0.51%	0.33%
	TXN	C	0.38%	1.21%	0.38%
	WDC	D	0.31%	0.14%	0.14%

LRND Overweight 67 Positions Relative to TECL

	Symbol	Grade	Weight
	AMZN	C	8.48%
	GOOGL	D	7.86%
	META	B	6.45%
	MRK	D	4.46%
	JNJ	C	3.37%
	BMY	C	2.23%
	PFE	C	2.21%
	LLY	C	2.03%
	GM	C	1.9%
	ABBV	C	1.65%
	F	F	1.47%
	GILD	B	1.35%
	AMGN	B	1.08%
	TSLA	C	1.08%
	REGN	C	0.9%
	VRTX	D	0.7%
	PYPL	B	0.68%
	UBER	C	0.65%
	RTX	C	0.64%
	BA	F	0.62%
	MDT	C	0.6%
	ABT	C	0.6%
	WDAY	D	0.57%
	SQ	D	0.56%
	NFLX	B	0.54%
	EA	D	0.5%
	RIVN	F	0.48%
	MMM	B	0.46%
	DE	B	0.46%
	CAT	B	0.45%
	DELL	D	0.44%
	MRNA	F	0.43%
	GE	B	0.43%
	TEAM	D	0.41%
	PG	C	0.41%
	MRVL	C	0.39%
	SPOT	B	0.36%
	EBAY	B	0.36%
	BIIB	F	0.36%
	LMT	C	0.36%
	RBLX	B	0.34%
	DHR	B	0.34%
	CMI	C	0.33%
	ALNY	C	0.33%
	INCY	C	0.33%
	BSX	B	0.31%
	LCID	C	0.31%
	ILMN	C	0.31%
	CTVA	B	0.29%
	EXPE	C	0.29%
	ABNB	D	0.28%
	SYK	C	0.28%
	TMO	B	0.28%
	NOC	B	0.28%
	GEHC	C	0.27%
	HON	D	0.27%
	U	D	0.26%
	SNOW	F	0.25%
	DASH	C	0.24%
	EXEL	C	0.24%
	BDX	D	0.23%
	APTV	D	0.23%
	ISRG	B	0.23%
	CNH	D	0.21%
	DDOG	D	0.18%
	EW	F	0.16%
	PINS	F	0.14%

LRND Underweight 34 Positions Relative to TECL

	Symbol	Grade	Weight
	ANET	B	-0.61%
	APH	D	-0.52%
	MSI	B	-0.5%
	ROP	C	-0.4%
	CRWD	D	-0.4%
	NXPI	F	-0.39%
	FTNT	C	-0.32%
	FICO	B	-0.31%
	MPWR	C	-0.3%
	TEL	D	-0.3%
	IT	B	-0.27%
	CTSH	C	-0.26%
	CDW	D	-0.2%
	ON	D	-0.2%
	ANSS	D	-0.19%
	KEYS	C	-0.18%
	TYL	C	-0.17%
	FSLR	C	-0.17%
	GDDY	C	-0.15%
	SMCI	F	-0.15%
	TER	D	-0.14%
	TDY	B	-0.14%
	PTC	D	-0.14%
	STX	C	-0.13%
	ZBRA	B	-0.12%
	VRSN	D	-0.11%
	SWKS	D	-0.11%
	ENPH	D	-0.1%
	AKAM	D	-0.1%
	TRMB	C	-0.09%
	EPAM	F	-0.08%
	FFIV	B	-0.08%
	JBL	D	-0.08%
	QRVO	F	-0.07%

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 IBD 50 Pharmaceutical Products Biopharmaceutical Cloud Infrastructure Hypertension Infection

TECL: Top Represented Industries & Keywords

Industries: Semiconductors Software - Application Information Technology Services Semiconductor Equipment & Materials Software - Infrastructure Communication Equipment Data Storage Electronic Components Scientific & Technical Instruments Computer Systems Diversified Industrials Internet Content & Information Computer Hardware Consumer Electronics Contract Manufacturers Semiconductor Memory Solar

Keywords: S&P 500 Nasdaq 100 Computing Semiconductor Electronics Integrated Circuits Work From Home Cloud Computing Aerospace Operating System Mobile Devices Smartphones Dow Jones Component Electronic Design Ethernet Fabless Semiconductor Companies Firewall IBD 50 Information Management Power Management