WRND vs. FLQL ETF Comparison

Comparison of IQ Global Equity R&D Leaders ETF (WRND) to Franklin LibertyQ U.S. Equity ETF (FLQL)

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

FLQL

Franklin LibertyQ U.S. Equity ETF

FLQL Description

The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the LibertyQ U.S. Large Cap Equity Index (the U.S. Large Cap underlying index). Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the U.S. Large Cap underlying index. The U.S. Large Cap underlying index is based on the Russell 1000® Index using a methodology developed with Franklin Templeton to reflect Franklin Templeton's desired investment strategy.

Grade (RS Rating)

Last Trade

$57.97

Average Daily Volume

54,856

Number of Holdings ^*

210

* may have additional holdings in another (foreign) market

Performance

Period	WRND	FLQL
30 Days	5.05%	3.99%
60 Days	11.38%	10.82%
90 Days	1.00%	2.62%
12 Months	29.91%	36.18%

39 Overlapping Holdings

Symbol	Grade	Weight in WRND	Weight in FLQL	Overlap
AAPL	C	3.46%	7.06%	3.46%
ABBV	C	0.86%	1.6%	0.86%
ABBV	C	0.17%	1.6%	0.17%
ADI	B	0.16%	0.35%	0.16%
AMAT	C	0.27%	1.12%	0.27%
AMGN	D	0.54%	1.23%	0.54%
AMZN	C	5.54%	2.73%	2.73%
AVGO	B	0.79%	1.82%	0.79%
BSX	A	0.16%	0.79%	0.16%
CAT	A	0.26%	1.32%	0.26%
CMI	A	0.18%	0.24%	0.18%
EBAY	A	0.19%	0.19%	0.19%
GLW	C	0.12%	0.19%	0.12%
GM	D	0.94%	0.29%	0.29%
GOOGL	B	4.24%	1.97%	1.97%
HPE	B	0.23%	0.2%	0.2%
HPQ	B	0.16%	0.27%	0.16%
IBM	A	0.9%	1.41%	0.9%
ISRG	C	0.12%	1.21%	0.12%
JNJ	D	1.69%	1.65%	1.65%
JNPR	C	0.13%	0.1%	0.1%
KLAC	B	0.12%	0.84%	0.12%
LLY	D	1.0%	1.62%	1.0%
LMT	A	0.19%	0.46%	0.19%
LRCX	D	0.14%	0.77%	0.14%
MCHP	F	0.1%	0.27%	0.1%
META	A	4.44%	2.64%	2.64%
MRK	F	2.5%	1.45%	1.45%
MSFT	D	2.74%	6.14%	2.74%
NVDA	B	0.92%	5.69%	0.92%
ORCL	A	1.09%	0.81%	0.81%
QCOM	D	0.7%	1.25%	0.7%
REGN	D	0.42%	0.83%	0.42%
RTX	A	0.33%	0.53%	0.33%
SPOT	C	0.2%	0.17%	0.17%
SYK	C	0.14%	0.88%	0.14%
TSLA	C	0.63%	0.88%	0.63%
TXN	C	0.2%	1.23%	0.2%
VRTX	D	0.35%	0.94%	0.35%

WRND Overweight 70 Positions Relative to FLQL

Symbol	Grade	Weight
BABA	A	1.34%
INTC	D	1.25%
BMY	A	1.2%
NVS	D	1.15%
PFE	D	1.12%
TM	D	0.92%
CSCO	A	0.89%
HMC	D	0.77%
SONY	C	0.74%
F	D	0.74%
GILD	A	0.7%
AMD	C	0.62%
CRM	B	0.57%
BIDU	C	0.49%
STLA	F	0.49%
PYPL	A	0.39%
NIO	C	0.37%
ADBE	F	0.36%
UBER	C	0.34%
BGNE	A	0.33%
MDT	C	0.31%
BA	F	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%
INTU	F	0.27%
DE	C	0.25%
EA	D	0.25%
SHOP	B	0.24%
MMM	C	0.24%
MELI	D	0.24%
GE	B	0.23%
MU	D	0.23%
PG	D	0.21%
NXPI	F	0.21%
MRNA	F	0.21%
RIVN	F	0.2%
TEAM	D	0.2%
PANW	B	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%
INCY	B	0.17%
ADSK	B	0.16%
ILMN	B	0.16%
EXPE	B	0.16%
NOC	B	0.15%
ACN	B	0.15%
GEHC	C	0.15%
U	D	0.15%
ABNB	D	0.15%
CTVA	A	0.15%
HON	C	0.14%
TMO	D	0.14%
CDNS	D	0.13%
SNOW	F	0.13%
LPL	D	0.13%
DASH	A	0.13%
CNH	C	0.12%
BDX	C	0.12%
APTV	D	0.12%
EW	F	0.08%
PINS	D	0.08%

WRND Underweight 172 Positions Relative to FLQL

Symbol	Grade	Weight
MA	A	-1.74%
GOOG	B	-1.68%
WMT	A	-1.65%
COST	C	-1.65%
VZ	C	-1.35%
BRK.A	B	-1.08%
T	B	-1.05%
JPM	C	-1.05%
BKNG	B	-0.99%
TJX	D	-0.94%
C	B	-0.89%
ANET	A	-0.81%
MO	D	-0.78%
PM	D	-0.66%
XOM	A	-0.64%
WM	B	-0.64%
TT	A	-0.63%
CI	D	-0.62%
HCA	C	-0.6%
CB	A	-0.58%
CL	D	-0.58%
MCO	D	-0.57%
APH	D	-0.56%
CMG	C	-0.56%
UNH	B	-0.53%
MSI	A	-0.53%
GS	B	-0.51%
TMUS	A	-0.51%
PH	A	-0.48%
SPG	A	-0.44%
DHI	C	-0.44%
CTAS	C	-0.44%
GD	C	-0.42%
PSA	C	-0.4%
PCAR	D	-0.39%
URI	C	-0.38%
ELV	F	-0.37%
GWW	B	-0.34%
LEN	C	-0.34%
SO	A	-0.31%
ACGL	A	-0.31%
HLT	A	-0.31%
FAST	C	-0.3%
RSG	D	-0.3%
PHM	C	-0.25%
CTSH	B	-0.24%
PEG	A	-0.23%
AFL	A	-0.23%
NVR	C	-0.23%
HWM	A	-0.22%
NTAP	D	-0.22%
GRMN	D	-0.21%
HIG	A	-0.2%
FANG	D	-0.2%
DECK	B	-0.2%
IRM	B	-0.19%
APP	A	-0.19%
WSM	C	-0.18%
LYB	B	-0.18%
LDOS	A	-0.17%
O	C	-0.17%
CSL	A	-0.16%
DAL	C	-0.16%
DELL	C	-0.16%
SYF	A	-0.16%
WAB	A	-0.16%
TSCO	A	-0.16%
FICO	C	-0.15%
STLD	C	-0.15%
KMB	D	-0.15%
MPWR	B	-0.14%
ETR	A	-0.14%
LII	C	-0.14%
RCL	B	-0.13%
RMD	C	-0.13%
BBY	C	-0.13%
MAS	C	-0.13%
TOL	C	-0.13%
PKG	B	-0.13%
UHS	D	-0.12%
EXR	D	-0.12%
NRG	A	-0.12%
WSO	C	-0.12%
THC	D	-0.12%
LAMR	C	-0.11%
CW	A	-0.11%
CACI	A	-0.11%
RGA	B	-0.11%
BJ	B	-0.11%
CHRW	C	-0.11%
DKS	D	-0.11%
AWI	A	-0.11%
DVA	C	-0.11%
TER	C	-0.11%
DPZ	D	-0.11%
VICI	C	-0.11%
FIX	A	-0.11%
SWKS	F	-0.11%
ESS	D	-0.11%
UTHR	C	-0.11%
RL	B	-0.11%
SCCO	B	-0.11%
AYI	A	-0.11%
IP	C	-0.11%
CFG	C	-0.11%
CF	A	-0.11%
OC	C	-0.11%
LNC	B	-0.1%
WU	D	-0.1%
DGX	D	-0.1%
AVT	B	-0.1%
SSNC	C	-0.1%
M	D	-0.1%
AMCR	C	-0.1%
GLPI	C	-0.1%
UGI	C	-0.1%
K	B	-0.1%
GPK	D	-0.1%
CROX	C	-0.1%
CRI	D	-0.1%
RGLD	C	-0.1%
HRB	C	-0.1%
DTM	A	-0.1%
MTG	A	-0.1%
LOPE	D	-0.1%
INGR	B	-0.1%
CHE	D	-0.1%
JHG	A	-0.1%
AXS	A	-0.1%
OMC	C	-0.1%
G	A	-0.1%
ROL	C	-0.1%
R	C	-0.1%
FOX	B	-0.1%
AVB	C	-0.1%
CLH	B	-0.1%
NFG	A	-0.1%
EPR	C	-0.1%
OHI	C	-0.1%
FOXA	B	-0.1%
TNL	B	-0.1%
CUZ	C	-0.1%
PPC	C	-0.1%
ADC	C	-0.1%
KEX	C	-0.1%
WING	C	-0.1%
LEN	C	-0.1%
HIW	C	-0.1%
NNN	C	-0.1%
EHC	C	-0.1%
JEF	A	-0.1%
MDU	C	-0.1%
EMN	C	-0.1%
EME	B	-0.1%
TPL	A	-0.1%
EVR	C	-0.1%
TXRH	A	-0.1%
CASY	D	-0.1%
ALSN	A	-0.1%
KRC	C	-0.1%
MUSA	D	-0.09%
DVN	F	-0.09%
APA	F	-0.09%
COKE	C	-0.09%
PK	D	-0.09%
GAP	F	-0.09%
MEDP	F	-0.09%
SNX	C	-0.09%
NEU	F	-0.09%
CRUS	D	-0.08%
OGN	F	-0.08%
CIVI	F	-0.08%