LRND vs. TGRW ETF Comparison

Comparison of IQ U.S. Large Cap R&D Leaders ETF (LRND) to T. Rowe Price Growth Stock ETF (TGRW)

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

TGRW

T. Rowe Price Growth Stock ETF

TGRW Description

The investment seeks to provide long-term capital growth. The fund will normally invest at least 80% of its assets in the common stocks of a diversified group of growth companies. While it may invest in companies of any market capitalization, the fund generally seeks investments in stocks of large-capitalization companies with one or more of the following characteristics: strong cash flow and an above-average rate of earnings growth; the ability to sustain earnings momentum during economic downturns; and occupation of a lucrative niche in the economy and the ability to expand even during times of slow economic growth.

Grade (RS Rating)

Last Trade

$37.54

Average Daily Volume

5,790

Number of Holdings ^*

70

* may have additional holdings in another (foreign) market

Performance

Period	LRND	TGRW
30 Days	2.38%	0.98%
60 Days	1.49%	2.89%
90 Days	1.85%	1.50%
12 Months	30.82%	36.04%

31 Overlapping Holdings

	Symbol	Grade	Weight in LRND	Weight in TGRW	Overlap
	AAPL	C	6.45%	9.29%	6.45%
	ACN	C	0.29%	0.05%	0.05%
	ADBE	F	0.73%	1.1%	0.73%
	ADSK	C	0.3%	0.64%	0.3%
	AMD	D	1.12%	0.64%	0.64%
	AMZN	C	8.48%	7.97%	7.97%
	BA	F	0.62%	0.38%	0.38%
	CRM	D	1.04%	0.55%	0.55%
	DHR	B	0.34%	1.12%	0.34%
	GOOGL	D	7.86%	6.79%	6.79%
	INTC	F	2.04%	0.28%	0.28%
	INTU	C	0.56%	1.32%	0.56%
	ISRG	B	0.23%	1.46%	0.23%
	LLY	C	2.03%	3.41%	2.03%
	LRCX	F	0.26%	0.63%	0.26%
	META	B	6.45%	4.84%	4.84%
	MSFT	C	5.35%	12.91%	5.35%
	NFLX	B	0.54%	1.59%	0.54%
	NOW	B	0.52%	1.5%	0.52%
	NVDA	D	1.77%	11.77%	1.77%
	PINS	F	0.14%	0.53%	0.14%
	RIVN	F	0.48%	0.5%	0.48%
	SNOW	F	0.25%	0.2%	0.2%
	SNPS	D	0.33%	0.69%	0.33%
	SPOT	B	0.36%	0.7%	0.36%
	SYK	C	0.28%	0.42%	0.28%
	TEAM	D	0.41%	0.64%	0.41%
	TMO	B	0.28%	0.37%	0.28%
	TSLA	C	1.08%	1.11%	1.08%
	UBER	C	0.65%	1.02%	0.65%
	VRTX	D	0.7%	0.1%	0.1%

LRND Overweight 68 Positions Relative to TGRW

	Symbol	Grade	Weight
	MRK	D	4.46%
	JNJ	C	3.37%
	BMY	C	2.23%
	PFE	C	2.21%
	ORCL	C	2.02%
	GM	C	1.9%
	IBM	B	1.71%
	ABBV	C	1.65%
	CSCO	C	1.62%
	AVGO	C	1.49%
	F	F	1.47%
	QCOM	D	1.36%
	GILD	B	1.35%
	AMGN	B	1.08%
	REGN	C	0.9%
	PYPL	B	0.68%
	RTX	C	0.64%
	MDT	C	0.6%
	ABT	C	0.6%
	WDAY	D	0.57%
	SQ	D	0.56%
	EA	D	0.5%
	AMAT	D	0.49%
	MMM	B	0.46%
	DE	B	0.46%
	CAT	B	0.45%
	DELL	D	0.44%
	MRNA	F	0.43%
	GE	B	0.43%
	PG	C	0.41%
	MU	F	0.4%
	MRVL	C	0.39%
	HPE	D	0.38%
	TXN	C	0.38%
	PANW	D	0.37%
	EBAY	B	0.36%
	BIIB	F	0.36%
	LMT	C	0.36%
	RBLX	B	0.34%
	CMI	C	0.33%
	ALNY	C	0.33%
	INCY	C	0.33%
	ADI	C	0.31%
	BSX	B	0.31%
	LCID	C	0.31%
	WDC	D	0.31%
	ILMN	C	0.31%
	CTVA	B	0.29%
	EXPE	C	0.29%
	HPQ	D	0.29%
	ABNB	D	0.28%
	NOC	B	0.28%
	GEHC	C	0.27%
	HON	D	0.27%
	U	D	0.26%
	CDNS	D	0.25%
	JNPR	B	0.25%
	DASH	C	0.24%
	EXEL	C	0.24%
	KLAC	D	0.23%
	BDX	D	0.23%
	APTV	D	0.23%
	GLW	C	0.22%
	CNH	D	0.21%
	NTAP	D	0.19%
	MCHP	F	0.18%
	DDOG	D	0.18%
	EW	F	0.16%

LRND Underweight 39 Positions Relative to TGRW

	Symbol	Grade	Weight
	V	C	-2.39%
	MA	B	-2.03%
	UNH	C	-1.49%
	ASML	F	-1.42%
	CMG	C	-0.88%
	SHOP	C	-0.83%
	TDY	B	-0.75%
	DG	F	-0.72%
	SCHW	D	-0.67%
	CI	C	-0.66%
	ROP	C	-0.63%
	CPNG	B	-0.61%
	GOOG	D	-0.54%
	TSM	C	-0.54%
	CB	B	-0.52%
	FTNT	C	-0.47%
	LIN	B	-0.47%
	ARGX	C	-0.47%
	ODFL	D	-0.46%
	DT	C	-0.33%
	ROK	D	-0.3%
	BKNG	C	-0.28%
	SBUX	C	-0.23%
	LEGN	F	-0.21%
	FND	C	-0.2%
	SLB	F	-0.13%
	TRU	B	-0.12%
	MDB	D	-0.12%
	TMUS	C	-0.1%
	IDXX	C	-0.1%
	ZTS	C	-0.08%
	CTAS	B	-0.07%
	ROST	C	-0.06%
	LVS	D	-0.06%
	APH	D	-0.05%
	DAY	D	-0.04%
	MNDY	B	-0.03%
	AUR	B	-0.03%
	NKE	D	-0.02%

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

TGRW: Top Represented Industries & Keywords

Industries: Software - Application Internet Content & Information Semiconductors Biotechnology Diagnostics & Research Auto Manufacturers Business Services Credit Services Diversified Industrials Health Care Plans Information Technology Services Restaurants Semiconductor Equipment & Materials Aerospace & Defense Apparel Stores Capital Markets Consumer Electronics Discount Stores Drug Manufacturers - Major Drug Manufacturers - Specialty & Generic

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Software Electronics IBD 50 Work From Home Mobile Devices Smartphones Hyperscale Integrated Circuits Operating System Retailing Systems Integrator Cloud Computing Design Manufacturers Information Technology Management Semiconductor Software As A Service