LRND vs. TQQQ ETF Comparison

Comparison of IQ U.S. Large Cap R&D Leaders ETF (LRND) to ProShares UltraPro QQQ (TQQQ)

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

TQQQ

ProShares UltraPro QQQ

TQQQ Description

The investment seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance of the NASDAQ-100 IndexÂ®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as three times (3x) the daily return of the index. The index, a modified market capitalization-weighted index, includes 100 of the largest non-financial domestic and international issues listed on the NASDAQ Stock Market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$71.97

Average Daily Volume

59,810,455

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	LRND	TQQQ
30 Days	4.62%	16.79%
60 Days	11.05%	34.65%
90 Days	-0.96%	-11.55%
12 Months	33.73%	104.71%

44 Overlapping Holdings

Symbol	Grade	Weight in LRND	Weight in TQQQ	Overlap
AAPL	C	6.57%	3.21%	3.21%
ABNB	D	0.29%	0.14%	0.14%
ADBE	F	0.69%	0.55%	0.55%
ADI	B	0.3%	0.28%	0.28%
ADSK	B	0.3%	0.14%	0.14%
AMAT	C	0.51%	0.4%	0.4%
AMD	C	1.17%	0.64%	0.64%
AMGN	D	1.02%	0.42%	0.42%
AMZN	C	8.25%	1.83%	1.83%
AVGO	B	1.49%	1.92%	1.49%
BIIB	F	0.35%	0.07%	0.07%
CDNS	D	0.24%	0.18%	0.18%
CSCO	A	1.68%	0.51%	0.51%
DASH	A	0.25%	0.13%	0.13%
DDOG	B	0.19%	0.09%	0.09%
EA	D	0.48%	0.09%	0.09%
GEHC	C	0.29%	0.1%	0.1%
GILD	A	1.33%	0.25%	0.25%
GOOGL	B	8.06%	0.89%	0.89%
HON	C	0.27%	0.32%	0.27%
ILMN	B	0.31%	0.05%	0.05%
INTC	D	2.37%	0.24%	0.24%
INTU	F	0.51%	0.41%	0.41%
ISRG	C	0.23%	0.41%	0.23%
KLAC	B	0.22%	0.25%	0.22%
LRCX	D	0.27%	0.26%	0.26%
MCHP	F	0.18%	0.1%	0.1%
META	A	6.84%	1.83%	1.83%
MRNA	F	0.41%	0.06%	0.06%
MRVL	C	0.36%	0.15%	0.15%
MSFT	D	5.2%	2.95%	2.95%
MU	D	0.45%	0.29%	0.29%
NFLX	A	0.54%	0.73%	0.54%
NVDA	B	1.76%	2.76%	1.76%
PANW	B	0.36%	0.26%	0.26%
PYPL	A	0.74%	0.19%	0.19%
QCOM	D	1.34%	0.45%	0.45%
REGN	D	0.79%	0.27%	0.27%
SNPS	F	0.33%	0.19%	0.19%
TEAM	D	0.38%	0.06%	0.06%
TSLA	C	1.2%	1.17%	1.17%
TXN	C	0.38%	0.46%	0.38%
VRTX	D	0.66%	0.29%	0.29%
WDAY	D	0.54%	0.12%	0.12%

LRND Overweight 55 Positions Relative to TQQQ

Symbol	Grade	Weight
MRK	F	4.25%
JNJ	D	3.21%
BMY	A	2.28%
PFE	D	2.13%
ORCL	A	2.07%
LLY	D	1.9%
GM	D	1.79%
IBM	A	1.71%
ABBV	C	1.63%
F	D	1.41%
CRM	B	1.09%
UBER	C	0.66%
RTX	A	0.63%
MDT	C	0.58%
BA	F	0.58%
SQ	D	0.57%
ABT	C	0.57%
NOW	B	0.51%
CAT	A	0.5%
DE	C	0.48%
MMM	C	0.46%
HPE	B	0.44%
GE	B	0.44%
DELL	C	0.44%
PG	D	0.4%
SPOT	C	0.38%
RIVN	F	0.38%
LMT	A	0.36%
EBAY	A	0.36%
DHR	D	0.34%
CMI	A	0.34%
ALNY	C	0.33%
INCY	B	0.33%
RBLX	D	0.32%
WDC	C	0.32%
EXPE	B	0.31%
BSX	A	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%
APTV	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%
NTAP	D	0.19%
EW	F	0.15%
PINS	D	0.15%

LRND Underweight 57 Positions Relative to TQQQ

Symbol	Grade	Weight
COST	C	-0.94%
GOOG	B	-0.86%
TMUS	A	-0.57%
PEP	F	-0.56%
LIN	C	-0.55%
CMCSA	B	-0.39%
BKNG	B	-0.34%
ADP	A	-0.27%
SBUX	B	-0.26%
MELI	D	-0.25%
MDLZ	D	-0.24%
PDD	B	-0.22%
CTAS	C	-0.2%
ASML	F	-0.19%
CEG	A	-0.19%
MAR	A	-0.17%
ORLY	A	-0.16%
CRWD	D	-0.16%
CSX	D	-0.16%
NXPI	F	-0.15%
FTNT	A	-0.14%
ROP	D	-0.14%
AEP	C	-0.13%
TTD	A	-0.12%
CPRT	B	-0.12%
ROST	D	-0.12%
KDP	C	-0.12%
MNST	D	-0.12%
PCAR	D	-0.12%
AZN	D	-0.11%
CHTR	D	-0.11%
PAYX	B	-0.11%
EXC	C	-0.1%
FAST	C	-0.1%
IDXX	D	-0.1%
ODFL	F	-0.1%
KHC	F	-0.1%
BKR	B	-0.09%
XEL	C	-0.09%
CCEP	C	-0.09%
VRSK	D	-0.09%
CTSH	B	-0.09%
ON	F	-0.08%
LULU	D	-0.08%
ANSS	D	-0.07%
CDW	D	-0.07%
FANG	D	-0.07%
CSGP	F	-0.07%
SMCI	F	-0.06%
ZS	F	-0.06%
TTWO	D	-0.06%
DXCM	F	-0.06%
MDB	D	-0.05%
WBD	F	-0.05%
GFS	F	-0.05%
DLTR	F	-0.04%
ARM	C	-0.04%