QUAL vs. LRND ETF Comparison

Comparison of iShares MSCI USA Quality Factor ETF (QUAL) to IQ U.S. Large Cap R&D Leaders ETF (LRND)

QUAL

iShares MSCI USA Quality Factor ETF

QUAL Description

The investment seeks to track the investment results of an index composed of U.S. large- and mid-capitalization stocks with quality characteristics as identified through certain fundamental metrics. The fund seeks to track the investment results of the MSCI USA Quality Index (the "underlying index"), which is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid-capitalization stocks. It generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$182.60

Average Daily Volume

890,900

Number of Holdings ^*

123

* may have additional holdings in another (foreign) market

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

$33.75

Average Daily Volume

416

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QUAL	LRND
30 Days	0.39%	0.24%
60 Days	2.37%	1.81%
90 Days	2.96%	3.86%
12 Months	30.38%	27.91%

25 Overlapping Holdings

Symbol	Grade	Weight in QUAL	Weight in LRND	Overlap
AAPL	C	5.44%	5.93%	5.44%
ACN	B	1.67%	0.26%	0.26%
ADBE	C	1.76%	0.7%	0.7%
AMAT	F	1.17%	0.54%	0.54%
CAT	B	1.4%	0.43%	0.43%
CDNS	B	0.58%	0.31%	0.31%
CSCO	B	1.74%	1.69%	1.69%
EA	A	0.2%	0.55%	0.2%
EW	C	0.24%	0.22%	0.22%
GOOGL	C	1.77%	8.96%	1.77%
JNJ	C	2.15%	2.7%	2.15%
KLAC	F	0.77%	0.2%	0.2%
LLY	F	3.42%	1.55%	1.55%
LMT	D	1.08%	0.27%	0.27%
LRCX	F	0.73%	0.34%	0.34%
META	D	4.09%	6.33%	4.09%
MMM	D	0.5%	0.29%	0.29%
MSFT	D	4.5%	5.41%	4.5%
NFLX	A	1.76%	0.64%	0.64%
NTAP	C	0.21%	0.19%	0.19%
NVDA	B	6.93%	2.45%	2.45%
QCOM	F	1.15%	1.63%	1.15%
SNPS	B	0.51%	0.4%	0.4%
TXN	C	1.34%	0.37%	0.37%
VRTX	D	0.62%	1.54%	0.62%

QUAL Overweight 98 Positions Relative to LRND

Symbol	Grade	Weight
V	A	4.5%
MA	B	4.22%
UNH	B	2.81%
COST	A	2.55%
TJX	A	2.03%
ADP	A	1.75%
COP	C	1.73%
GOOG	C	1.55%
KO	D	1.43%
NKE	F	1.41%
CMG	B	1.26%
LIN	C	1.14%
PEP	F	1.1%
BLK	B	0.99%
SRE	A	0.93%
SLB	C	0.89%
MMC	B	0.74%
ANET	C	0.73%
ITW	B	0.73%
PLD	F	0.71%
DHI	F	0.7%
PEG	A	0.69%
LULU	C	0.66%
CTAS	B	0.6%
GWW	B	0.59%
TPL	A	0.58%
SHW	B	0.57%
PSA	C	0.55%
MCO	B	0.53%
CME	B	0.52%
NVR	D	0.52%
ZTS	D	0.51%
ED	C	0.5%
APH	A	0.5%
PAYX	B	0.49%
DECK	A	0.49%
GRMN	B	0.48%
TSCO	D	0.43%
PHM	D	0.43%
AFL	B	0.42%
FAST	B	0.42%
ATO	A	0.4%
APD	A	0.35%
CBRE	B	0.35%
ODFL	C	0.34%
AMP	A	0.33%
ULTA	F	0.31%
IDXX	F	0.3%
WSM	C	0.29%
BBY	D	0.29%
FERG	B	0.28%
ACGL	C	0.26%
CSGP	D	0.26%
AVB	B	0.24%
ROK	C	0.22%
POOL	C	0.22%
EQT	B	0.22%
VLTO	C	0.21%
MNST	C	0.21%
MANH	D	0.2%
A	D	0.2%
APA	D	0.19%
TROW	B	0.19%
MPWR	F	0.18%
EQR	C	0.18%
EME	A	0.17%
RMD	C	0.17%
LPLA	A	0.17%
VEEV	C	0.16%
PPG	F	0.15%
HSY	F	0.15%
KEYS	A	0.15%
CBOE	C	0.14%
WAT	C	0.13%
ROL	B	0.12%
WSO	A	0.12%
WST	C	0.12%
FDS	B	0.12%
EXPD	C	0.12%
GGG	B	0.11%
OMC	C	0.1%
PKG	A	0.1%
ERIE	D	0.09%
RS	B	0.09%
MOH	F	0.09%
JKHY	D	0.09%
AVY	F	0.08%
PAYC	B	0.08%
UTHR	C	0.08%
SEIC	B	0.07%
MKTX	D	0.07%
ENPH	F	0.06%
SMCI	F	0.06%
AOS	F	0.06%
AFG	A	0.06%
SOLV	D	0.05%
IPG	D	0.05%
WBA	F	0.03%

QUAL Underweight 74 Positions Relative to LRND

Symbol	Grade	Weight
AMZN	C	-8.83%
INTC	C	-3.6%
MRK	D	-2.9%
GM	C	-2.19%
BMY	B	-2.13%
ORCL	A	-1.91%
PFE	F	-1.72%
F	C	-1.62%
AVGO	D	-1.58%
IBM	C	-1.3%
ABBV	F	-1.24%
TSLA	B	-1.22%
CRM	B	-1.2%
GILD	C	-1.17%
AMD	F	-1.05%
AMGN	F	-0.85%
SQ	A	-0.72%
MU	D	-0.69%
BA	F	-0.66%
PYPL	B	-0.63%
DELL	B	-0.63%
TEAM	A	-0.61%
INTU	B	-0.56%
UBER	F	-0.56%
REGN	F	-0.55%
RTX	D	-0.55%
INCY	C	-0.54%
ABT	B	-0.54%
MDT	D	-0.52%
WDAY	B	-0.51%
MRNA	F	-0.5%
HPE	B	-0.5%
NOW	A	-0.49%
MRVL	B	-0.44%
DE	B	-0.43%
SPOT	B	-0.4%
PANW	B	-0.39%
PG	C	-0.38%
ABNB	C	-0.36%
WDC	D	-0.35%
SNOW	B	-0.34%
CMI	A	-0.34%
HPQ	B	-0.34%
EXPE	B	-0.33%
GE	D	-0.33%
HON	C	-0.32%
BIIB	F	-0.31%
RIVN	F	-0.3%
BSX	A	-0.3%
ADSK	A	-0.3%
EBAY	D	-0.29%
RBLX	C	-0.29%
SYK	B	-0.28%
ADI	D	-0.27%
DHR	F	-0.26%
DASH	B	-0.26%
CTVA	C	-0.26%
ILMN	C	-0.25%
EXEL	B	-0.25%
ISRG	A	-0.23%
GEHC	D	-0.23%
DDOG	A	-0.22%
PINS	F	-0.21%
TMO	F	-0.21%
GLW	B	-0.21%
NOC	D	-0.21%
BDX	F	-0.21%
CNH	C	-0.2%
JNPR	D	-0.2%
APTV	F	-0.19%
ALNY	D	-0.18%
U	C	-0.17%
MCHP	F	-0.17%
LCID	F	-0.12%