WRND vs. FEDM ETF Comparison

Comparison of IQ Global Equity R&D Leaders ETF (WRND) to FlexShares ESG & Climate Developed Markets (FEDM)

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

$29.20

Average Daily Volume

Number of Holdings ^*

109

* may have additional holdings in another (foreign) market

FEDM

FlexShares ESG & Climate Developed Markets

FEDM Description

FlexShares ESG & Climate Developed Markets is an exchange traded indexed fund launched by Northern Trust Corporation. It is managed by Northern Trust Investments, Incorporated. The fund invests in public equity markets across global ex-US 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 invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the Northern Trust ESG & Climate Developed Markets, by using representative sampling technique. FlexShares ESG & Climate Developed Markets was formed on September 20, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$53.24

Average Daily Volume

1,312

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WRND	FEDM
30 Days	-1.19%	3.43%
60 Days	-0.91%	5.53%
90 Days	-0.36%	8.36%
12 Months	19.36%	21.48%

4 Overlapping Holdings

Symbol	Grade	Weight in WRND	Weight in FEDM	Overlap
HMC	D	0.81%	0.05%	0.05%
NVS	C	1.2%	1.27%	1.2%
SONY	C	0.74%	0.72%	0.72%
TM	F	0.96%	0.55%	0.55%

WRND Overweight 105 Positions Relative to FEDM

Symbol	Grade	Weight
AMZN	C	5.84%
META	B	4.29%
GOOGL	D	4.16%
AAPL	C	3.48%
MSFT	C	2.86%
MRK	D	2.67%
JNJ	C	1.8%
BMY	C	1.18%
PFE	C	1.18%
LLY	C	1.11%
ORCL	C	1.09%
INTC	F	1.08%
BABA	B	1.06%
GM	C	1.02%
NVDA	D	0.95%
IBM	B	0.91%
ABBV	C	0.89%
CSCO	C	0.87%
AVGO	C	0.79%
F	F	0.78%
GILD	B	0.73%
QCOM	D	0.72%
AMD	D	0.6%
AMGN	B	0.58%
TSLA	C	0.58%
CRM	D	0.56%
STLA	F	0.56%
REGN	C	0.48%
ADBE	F	0.43%
BIDU	D	0.4%
VRTX	D	0.38%
PYPL	B	0.37%
BA	F	0.35%
RTX	C	0.35%
UBER	C	0.33%
MDT	C	0.32%
ABT	C	0.32%
WDAY	D	0.31%
INTU	C	0.3%
SQ	D	0.3%
NFLX	B	0.29%
NOW	B	0.29%
NIO	C	0.29%
BGNE	C	0.28%
EA	D	0.27%
AMAT	D	0.26%
RIVN	F	0.26%
MELI	B	0.26%
CAT	B	0.24%
MMM	B	0.24%
DE	B	0.24%
MRNA	F	0.23%
PG	C	0.22%
GE	B	0.22%
SHOP	C	0.22%
TEAM	D	0.22%
LI	D	0.22%
MU	F	0.21%
NXPI	F	0.21%
MRVL	C	0.21%
TCOM	C	0.21%
PANW	D	0.2%
HPE	D	0.2%
TXN	C	0.2%
EBAY	B	0.19%
SPOT	B	0.19%
LMT	C	0.19%
BIIB	F	0.19%
INCY	C	0.18%
RBLX	B	0.18%
DHR	B	0.18%
BSX	B	0.17%
ILMN	C	0.17%
ABBV	C	0.17%
SNPS	F	0.17%
CMI	C	0.17%
ACN	C	0.16%
ADSK	C	0.16%
ADI	C	0.16%
WDC	D	0.16%
HON	D	0.15%
GEHC	C	0.15%
ABNB	D	0.15%
TMO	B	0.15%
NOC	B	0.15%
CTVA	B	0.15%
EXPE	C	0.15%
SYK	C	0.15%
HPQ	D	0.15%
LRCX	F	0.14%
DASH	C	0.13%
ISRG	B	0.13%
LPL	F	0.13%
SNOW	F	0.13%
JNPR	B	0.13%
CDNS	D	0.13%
U	D	0.13%
GLW	C	0.12%
APTV	D	0.12%
BDX	D	0.12%
KLAC	D	0.12%
CNH	D	0.11%
MCHP	F	0.1%
EW	F	0.09%
PINS	F	0.08%

WRND Underweight 11 Positions Relative to FEDM

Symbol	Grade	Weight
TD	B	-1.28%
DEO	C	-0.98%
CNI	D	-0.89%
MUFG	D	-0.75%
NMR	D	-0.44%
XRX	D	-0.28%
OTEX	D	-0.23%
BCS	B	-0.2%
MFG	D	-0.13%
WFG	B	-0.13%
GOLD	C	-0.06%