WRND vs. FBCV ETF Comparison

Comparison of IQ Global Equity R&D Leaders ETF (WRND) to Fidelity Blue Chip Value ETF (FBCV)

WRND

IQ Global Equity R&D Leaders ETF

WRND Description

IQ Global Equity 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 global region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the IQ Global Equity R&D Leaders Index, by using full replication technique. IQ Global Equity R&D Leaders ETF was formed on December 14, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$30.30

Average Daily Volume

990

Number of Holdings ^*

109

* may have additional holdings in another (foreign) market

FBCV

Fidelity Blue Chip Value ETF

FBCV Description

The investment seeks long-term growth of capital. Normally the fund invests at least 80% of assets in blue chip companies (companies that, in Fidelity Management & Research Company LLC's (FMR) view, are well-known, well-established and well-capitalized), which generally have large or medium market capitalizations. It invests in companies that manager believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called "value" stocks). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.68

Average Daily Volume

14,558

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WRND	FBCV
30 Days	5.05%	1.25%
60 Days	11.38%	8.66%
90 Days	1.00%	9.99%
12 Months	29.91%	24.02%

12 Overlapping Holdings

Symbol	Grade	Weight in WRND	Weight in FBCV	Overlap
AVGO	B	0.79%	0.18%	0.18%
BA	F	0.31%	0.29%	0.29%
BMY	A	1.2%	1.62%	1.2%
CMI	A	0.18%	0.33%	0.18%
CSCO	A	0.89%	2.05%	0.89%
DE	C	0.25%	1.72%	0.25%
JNJ	D	1.69%	1.7%	1.69%
LMT	A	0.19%	1.14%	0.19%
MU	D	0.23%	0.55%	0.23%
NOC	B	0.15%	1.32%	0.15%
NXPI	F	0.21%	0.17%	0.17%
PG	D	0.21%	1.12%	0.21%

WRND Overweight 97 Positions Relative to FBCV

Symbol	Grade	Weight
AMZN	C	5.54%
META	A	4.44%
GOOGL	B	4.24%
AAPL	C	3.46%
MSFT	D	2.74%
MRK	F	2.5%
BABA	A	1.34%
INTC	D	1.25%
NVS	D	1.15%
PFE	D	1.12%
ORCL	A	1.09%
LLY	D	1.0%
GM	D	0.94%
TM	D	0.92%
NVDA	B	0.92%
IBM	A	0.9%
ABBV	C	0.86%
HMC	D	0.77%
SONY	C	0.74%
F	D	0.74%
GILD	A	0.7%
QCOM	D	0.7%
TSLA	C	0.63%
AMD	C	0.62%
CRM	B	0.57%
AMGN	D	0.54%
BIDU	C	0.49%
STLA	F	0.49%
REGN	D	0.42%
PYPL	A	0.39%
NIO	C	0.37%
ADBE	F	0.36%
VRTX	D	0.35%
UBER	C	0.34%
BGNE	A	0.33%
RTX	A	0.33%
MDT	C	0.31%
LI	C	0.31%
ABT	C	0.3%
SQ	D	0.3%
WDAY	D	0.29%
NOW	B	0.28%
NFLX	A	0.28%
TCOM	A	0.27%
AMAT	C	0.27%
INTU	F	0.27%
CAT	A	0.26%
EA	D	0.25%
SHOP	B	0.24%
MMM	C	0.24%
MELI	D	0.24%
HPE	B	0.23%
GE	B	0.23%
MRNA	F	0.21%
SPOT	C	0.2%
RIVN	F	0.2%
TEAM	D	0.2%
TXN	C	0.2%
PANW	B	0.19%
EBAY	A	0.19%
MRVL	C	0.19%
DHR	D	0.18%
BIIB	F	0.18%
RBLX	D	0.17%
WDC	C	0.17%
SNPS	F	0.17%
ABBV	C	0.17%
INCY	B	0.17%
BSX	A	0.16%
ADI	B	0.16%
HPQ	B	0.16%
ADSK	B	0.16%
ILMN	B	0.16%
EXPE	B	0.16%
ACN	B	0.15%
GEHC	C	0.15%
U	D	0.15%
ABNB	D	0.15%
CTVA	A	0.15%
HON	C	0.14%
SYK	C	0.14%
LRCX	D	0.14%
TMO	D	0.14%
CDNS	D	0.13%
SNOW	F	0.13%
JNPR	C	0.13%
LPL	D	0.13%
DASH	A	0.13%
CNH	C	0.12%
BDX	C	0.12%
GLW	C	0.12%
ISRG	C	0.12%
APTV	D	0.12%
KLAC	B	0.12%
MCHP	F	0.1%
EW	F	0.08%
PINS	D	0.08%

WRND Underweight 69 Positions Relative to FBCV

Symbol	Grade	Weight
XOM	A	-4.59%
JPM	C	-4.05%
BAC	B	-2.94%
CI	D	-2.89%
CMCSA	B	-2.87%
UNH	B	-2.87%
BRK.A	B	-2.72%
TRV	B	-2.7%
PCG	C	-2.34%
DIS	D	-2.28%
CNC	F	-2.27%
WFC	B	-2.27%
BLK	A	-1.98%
AZN	D	-1.93%
HRB	C	-1.83%
CB	A	-1.74%
KVUE	C	-1.6%
ELV	F	-1.44%
EIX	C	-1.38%
CTSH	B	-1.37%
PNC	C	-1.35%
KO	C	-1.33%
CVS	D	-1.27%
WTW	C	-1.22%
DOX	B	-1.17%
KDP	C	-1.13%
SNY	C	-1.08%
FDX	F	-1.04%
PNR	C	-1.02%
MTB	A	-0.96%
LOW	C	-0.95%
ROST	D	-0.95%
CF	A	-0.92%
USFD	C	-0.92%
USB	C	-0.89%
HLN	C	-0.88%
NTRS	B	-0.88%
APO	A	-0.8%
RRX	B	-0.79%
NGG	D	-0.77%
CCI	D	-0.74%
CCEP	C	-0.72%
TSN	D	-0.72%
EQNR	D	-0.72%
MDLZ	D	-0.71%
OXY	D	-0.7%
CCK	C	-0.7%
SRE	C	-0.69%
BJ	B	-0.69%
JCI	C	-0.68%
LHX	A	-0.63%
NEE	C	-0.62%
MMS	C	-0.61%
OVV	D	-0.6%
AR	C	-0.58%
DEO	C	-0.57%
AES	C	-0.51%
MUSA	D	-0.42%
SPG	A	-0.42%
G	A	-0.39%
SO	A	-0.37%
OTEX	D	-0.28%
TPR	B	-0.27%
GEV	A	-0.26%
CFR	B	-0.23%
TEL	D	-0.2%
OSK	F	-0.18%
CHRW	C	-0.15%
ALSN	A	-0.12%