VFMV vs. LRND ETF Comparison

Comparison of Vanguard U.S. Minimum Volatility ETF (VFMV) to IQ U.S. Large Cap R&D Leaders ETF (LRND)

VFMV

Vanguard U.S. Minimum Volatility ETF

VFMV Description

The investment seeks to provide long-term capital appreciation with lower volatility relative to the broad U.S. equity market. The fund invests primarily in a group of U.S. common stocks that together are deemed by the advisor to have the potential to generate lower volatility relative to the broad U.S. equity market. The portfolio will include a diverse mix of companies representing many different market sectors and industry groups. Under normal circumstances, at least 80% of the fund's assets will be invested in securities issued by U.S. companies.

Grade (RS Rating)

Last Trade

$118.14

Average Daily Volume

5,446

Number of Holdings ^*

146

* 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

$31.17

Average Daily Volume

356

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VFMV	LRND
30 Days	2.87%	4.01%
60 Days	3.82%	-7.47%
90 Days	5.14%	-2.13%
12 Months	22.15%	20.39%

34 Overlapping Holdings

Symbol	Grade	Weight in VFMV	Weight in LRND	Overlap
AAPL	C	0.64%	6.63%	0.64%
ABBV	B	1.34%	1.68%	1.34%
ACN	A	0.23%	0.28%	0.23%
ADI	C	1.42%	0.31%	0.31%
AMAT	F	0.13%	0.51%	0.13%
AMGN	C	0.64%	1.08%	0.64%
AMZN	D	0.11%	7.84%	0.11%
AVGO	D	0.71%	1.42%	0.71%
BMY	B	0.31%	2.25%	0.31%
CSCO	B	1.46%	1.64%	1.46%
EA	C	1.48%	0.52%	0.52%
EXEL	B	0.23%	0.24%	0.23%
GILD	A	0.89%	1.3%	0.89%
GOOGL	D	0.87%	8.21%	0.87%
HPQ	D	0.72%	0.31%	0.31%
IBM	A	1.31%	1.59%	1.31%
JNJ	B	1.46%	3.37%	1.46%
KLAC	D	0.09%	0.24%	0.09%
LLY	B	0.92%	2.11%	0.92%
LMT	A	1.44%	0.36%	0.36%
LRCX	F	0.08%	0.28%	0.08%
META	C	0.6%	6.41%	0.6%
MRK	D	1.39%	4.56%	1.39%
MSFT	D	0.45%	5.15%	0.45%
MU	F	0.04%	0.42%	0.04%
NOC	B	1.27%	0.28%	0.28%
NTAP	D	1.57%	0.21%	0.21%
PG	A	1.45%	0.4%	0.4%
QCOM	F	0.69%	1.41%	0.69%
REGN	B	1.27%	0.95%	0.95%
RTX	B	0.33%	0.66%	0.33%
SPOT	C	0.03%	0.36%	0.03%
TXN	C	1.54%	0.4%	0.4%
VRTX	D	0.04%	0.72%	0.04%

VFMV Overweight 112 Positions Relative to LRND

Symbol	Grade	Weight
CVLT	B	1.63%
TJX	B	1.56%
TMUS	B	1.56%
ROP	C	1.5%
MCK	D	1.5%
PGR	A	1.49%
VECO	F	1.49%
WMT	A	1.47%
WM	D	1.46%
GD	B	1.43%
MUSA	B	1.43%
XOM	C	1.42%
KEX	D	1.4%
RSG	B	1.39%
IDT	B	1.35%
ORLY	B	1.33%
DUK	A	1.31%
CHD	A	1.28%
MCD	A	1.24%
FCN	C	1.21%
VZ	B	1.2%
CME	A	1.19%
IDCC	B	1.14%
CBOE	A	1.13%
DLB	F	1.06%
LRN	B	1.05%
CL	A	1.05%
DOX	C	1.03%
GIS	A	0.98%
WMB	B	0.97%
HSTM	C	0.97%
MGEE	B	0.96%
CRUS	C	0.86%
SAFT	B	0.86%
GPOR	D	0.85%
UNH	A	0.85%
INST	D	0.83%
NSIT	C	0.83%
CHE	C	0.81%
LAUR	C	0.79%
NABL	D	0.78%
BLKB	B	0.78%
CVX	F	0.77%
CAH	A	0.75%
WTM	B	0.75%
GOOG	D	0.7%
OSIS	C	0.7%
YELP	F	0.63%
MCS	A	0.61%
INSW	D	0.55%
MATX	C	0.54%
PBH	A	0.52%
ED	A	0.51%
T	A	0.51%
NEU	D	0.49%
FLO	A	0.47%
KO	B	0.46%
FANG	D	0.45%
HSY	A	0.45%
V	A	0.44%
AJG	A	0.43%
TRV	A	0.43%
THFF	B	0.42%
AZO	B	0.42%
K	A	0.4%
WEC	A	0.39%
MDLZ	A	0.39%
RLI	B	0.36%
NVEC	D	0.35%
OLLI	D	0.34%
AMSF	B	0.34%
JBSS	D	0.33%
CASS	D	0.32%
ROL	B	0.29%
LDOS	B	0.29%
BRK.A	B	0.29%
IMMR	D	0.28%
MO	A	0.28%
MTSI	D	0.26%
LOPE	D	0.25%
KMI	B	0.24%
EBF	B	0.24%
EQC	A	0.24%
JJSF	C	0.23%
OLED	D	0.19%
SPOK	D	0.19%
DECK	C	0.19%
SPNS	D	0.17%
QNST	B	0.15%
PSX	D	0.14%
DGICA	A	0.12%
TNK	D	0.12%
CLBK	B	0.1%
DJCO	B	0.1%
DTM	B	0.1%
CNXN	B	0.08%
CB	A	0.08%
KMB	A	0.07%
GLRE	B	0.06%
PEP	A	0.06%
LANC	D	0.06%
REYN	A	0.06%
UNM	B	0.06%
ATR	A	0.05%
SFL	D	0.05%
EIG	B	0.04%
DTE	B	0.04%
AKAM	D	0.04%
NBIX	D	0.04%
CNA	B	0.04%
CMS	A	0.03%
MSI	B	0.03%

VFMV Underweight 65 Positions Relative to LRND

Symbol	Grade	Weight
PFE	D	-2.19%
INTC	F	-2.06%
GM	B	-2.04%
NVDA	D	-1.89%
ORCL	A	-1.74%
F	D	-1.53%
AMD	F	-1.09%
CRM	D	-1.07%
TSLA	D	-0.98%
ADBE	B	-0.78%
PYPL	B	-0.7%
BA	F	-0.68%
UBER	B	-0.65%
WDAY	C	-0.6%
ABT	A	-0.59%
MDT	A	-0.59%
SQ	D	-0.57%
NFLX	B	-0.54%
INTU	D	-0.53%
RIVN	F	-0.49%
MRNA	F	-0.49%
NOW	B	-0.48%
MMM	B	-0.46%
CAT	C	-0.46%
DE	B	-0.45%
DELL	F	-0.43%
GE	C	-0.42%
HPE	D	-0.42%
TEAM	F	-0.41%
PANW	B	-0.38%
BIIB	D	-0.38%
MRVL	D	-0.36%
SNPS	D	-0.35%
ALNY	C	-0.35%
DHR	B	-0.34%
INCY	C	-0.34%
RBLX	B	-0.33%
EBAY	A	-0.33%
CMI	B	-0.33%
ILMN	B	-0.32%
LCID	B	-0.31%
BSX	A	-0.3%
WDC	D	-0.3%
EXPE	C	-0.3%
CTVA	B	-0.29%
TMO	A	-0.29%
ADSK	B	-0.29%
SYK	A	-0.28%
HON	D	-0.28%
ABNB	F	-0.28%
GEHC	B	-0.27%
SNOW	F	-0.25%
JNPR	A	-0.25%
APTV	D	-0.24%
CDNS	D	-0.24%
ISRG	B	-0.23%
DASH	B	-0.23%
BDX	D	-0.23%
U	D	-0.22%
GLW	C	-0.22%
CNH	C	-0.21%
MCHP	D	-0.19%
DDOG	D	-0.19%
EW	F	-0.17%
PINS	F	-0.16%