WRND vs. ITAN ETF Comparison

Comparison of IQ Global Equity R&D Leaders ETF (WRND) to Sparkline Intangible Value ETF (ITAN)

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

ITAN

Sparkline Intangible Value ETF

ITAN Description

The investment seeks long-term capital appreciation. The fund is an actively-managed exchange-traded fund (âETFâ). The fund will invest in U.S.-listed equity securities that Sparkline Capital LP (the âSub-Adviserâ) believes are attractive relative to its proprietary measure of âintangible-augmented intrinsic value.â The fundâs investments may include common stocks and Real Estate Investment Trusts (REITs). Although the fund will not concentrate its investments in a particular industry, the Sub-Adviser anticipates that fund will hold a meaningful amount of stocks in the technology, communications, healthcare, and consumer discretionary sectors.

Grade (RS Rating)

Last Trade

$30.31

Average Daily Volume

6,049

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

Performance

Period	WRND	ITAN
30 Days	5.05%	5.44%
60 Days	11.38%	12.75%
90 Days	1.00%	6.43%
12 Months	29.91%	33.24%

46 Overlapping Holdings

Symbol	Grade	Weight in WRND	Weight in ITAN	Overlap
ACN	B	0.15%	1.55%	0.15%
ADSK	B	0.16%	0.58%	0.16%
AMZN	C	5.54%	4.74%	4.74%
APTV	D	0.12%	0.31%	0.12%
BA	F	0.31%	0.99%	0.31%
BDX	C	0.12%	0.71%	0.12%
BIIB	F	0.18%	0.44%	0.18%
BMY	A	1.2%	0.94%	0.94%
CMI	A	0.18%	0.83%	0.18%
CRM	B	0.57%	2.02%	0.57%
CSCO	A	0.89%	1.74%	0.89%
DASH	A	0.13%	0.7%	0.13%
EA	D	0.25%	0.47%	0.25%
EBAY	A	0.19%	0.72%	0.19%
EXPE	B	0.16%	0.54%	0.16%
F	D	0.74%	0.78%	0.74%
GILD	A	0.7%	0.88%	0.7%
GLW	C	0.12%	0.61%	0.12%
GM	D	0.94%	0.86%	0.86%
GOOGL	B	4.24%	1.87%	1.87%
HON	C	0.14%	1.1%	0.14%
HPE	B	0.23%	0.62%	0.23%
HPQ	B	0.16%	0.76%	0.16%
IBM	A	0.9%	1.83%	0.9%
ILMN	B	0.16%	0.53%	0.16%
INTC	D	1.25%	1.41%	1.25%
JNPR	C	0.13%	0.44%	0.13%
LMT	A	0.19%	0.9%	0.19%
MDT	C	0.31%	1.21%	0.31%
META	A	4.44%	3.06%	3.06%
MMM	C	0.24%	0.95%	0.24%
MU	D	0.23%	0.39%	0.23%
NOC	B	0.15%	0.93%	0.15%
NXPI	F	0.21%	0.71%	0.21%
ORCL	A	1.09%	2.71%	1.09%
PANW	B	0.19%	0.81%	0.19%
PFE	D	1.12%	1.38%	1.12%
PYPL	A	0.39%	1.02%	0.39%
QCOM	D	0.7%	1.74%	0.7%
RIVN	F	0.2%	0.23%	0.2%
RTX	A	0.33%	1.23%	0.33%
SQ	D	0.3%	0.75%	0.3%
U	D	0.15%	0.34%	0.15%
UBER	C	0.34%	0.47%	0.34%
WDAY	D	0.29%	0.61%	0.29%
WDC	C	0.17%	0.62%	0.17%

WRND Overweight 63 Positions Relative to ITAN

Symbol	Grade	Weight
AAPL	C	3.46%
MSFT	D	2.74%
MRK	F	2.5%
JNJ	D	1.69%
BABA	A	1.34%
NVS	D	1.15%
LLY	D	1.0%
TM	D	0.92%
NVDA	B	0.92%
ABBV	C	0.86%
AVGO	B	0.79%
HMC	D	0.77%
SONY	C	0.74%
TSLA	C	0.63%
AMD	C	0.62%
AMGN	D	0.54%
BIDU	C	0.49%
STLA	F	0.49%
REGN	D	0.42%
NIO	C	0.37%
ADBE	F	0.36%
VRTX	D	0.35%
BGNE	A	0.33%
LI	C	0.31%
ABT	C	0.3%
NOW	B	0.28%
NFLX	A	0.28%
TCOM	A	0.27%
AMAT	C	0.27%
INTU	F	0.27%
CAT	A	0.26%
DE	C	0.25%
SHOP	B	0.24%
MELI	D	0.24%
GE	B	0.23%
PG	D	0.21%
MRNA	F	0.21%
SPOT	C	0.2%
TEAM	D	0.2%
TXN	C	0.2%
MRVL	C	0.19%
DHR	D	0.18%
RBLX	D	0.17%
SNPS	F	0.17%
ABBV	C	0.17%
INCY	B	0.17%
BSX	A	0.16%
ADI	B	0.16%
GEHC	C	0.15%
ABNB	D	0.15%
CTVA	A	0.15%
SYK	C	0.14%
LRCX	D	0.14%
TMO	D	0.14%
CDNS	D	0.13%
SNOW	F	0.13%
LPL	D	0.13%
CNH	C	0.12%
ISRG	C	0.12%
KLAC	B	0.12%
MCHP	F	0.1%
EW	F	0.08%
PINS	D	0.08%

WRND Underweight 104 Positions Relative to ITAN

Symbol	Grade	Weight
GOOG	B	-1.87%
T	B	-1.54%
VZ	C	-1.38%
TMUS	A	-1.31%
DELL	C	-1.23%
WFC	B	-1.22%
DIS	D	-1.08%
TGT	C	-1.05%
CMCSA	B	-0.96%
CVS	D	-0.94%
COF	A	-0.92%
FDX	F	-0.8%
CTSH	B	-0.74%
ALL	A	-0.72%
GD	C	-0.71%
CNC	F	-0.69%
JCI	C	-0.65%
CHTR	D	-0.64%
LHX	A	-0.64%
NTAP	D	-0.61%
UAL	A	-0.58%
SNAP	D	-0.57%
DAL	C	-0.55%
TEL	D	-0.54%
J	F	-0.54%
KR	C	-0.52%
PRU	B	-0.52%
LDOS	A	-0.51%
BBY	C	-0.51%
BAX	D	-0.51%
HUM	F	-0.5%
ZBRA	B	-0.5%
BAH	C	-0.49%
CVNA	A	-0.49%
WBD	F	-0.48%
ZS	F	-0.48%
DD	C	-0.47%
DOCU	A	-0.47%
IQV	F	-0.47%
CAH	B	-0.47%
FFIV	B	-0.46%
NTNX	C	-0.44%
ZM	B	-0.43%
VTRS	D	-0.43%
ROK	D	-0.42%
CACI	A	-0.42%
OKTA	F	-0.42%
DGX	D	-0.42%
PSTG	F	-0.42%
Z	C	-0.41%
TRU	C	-0.41%
ROKU	C	-0.41%
ACM	A	-0.41%
JLL	C	-0.4%
DVA	C	-0.4%
CIEN	A	-0.39%
TWLO	B	-0.39%
EMN	C	-0.38%
EXAS	C	-0.38%
DBX	C	-0.38%
JBL	C	-0.38%
HAL	D	-0.37%
AKAM	D	-0.37%
W	C	-0.36%
TRMB	B	-0.36%
TPR	B	-0.33%
AAL	D	-0.33%
IP	C	-0.33%
LUV	B	-0.31%
ACI	F	-0.31%
SWK	C	-0.31%
LYFT	D	-0.31%
ALLY	F	-0.3%
SWKS	F	-0.29%
HAS	A	-0.29%
ETSY	F	-0.28%
WBA	F	-0.28%
ELAN	D	-0.28%
WHR	C	-0.27%
PARA	F	-0.27%
JAZZ	F	-0.27%
TAP	D	-0.26%
PII	D	-0.26%
ARW	C	-0.26%
AGCO	D	-0.25%
MTCH	B	-0.25%
RUN	D	-0.25%
DOX	B	-0.25%
IVZ	A	-0.25%
PATH	D	-0.24%
BWA	C	-0.24%
DLB	D	-0.24%
QRVO	F	-0.24%
HRB	C	-0.24%
MASI	B	-0.23%
MAT	B	-0.23%
ALK	C	-0.23%
GAP	F	-0.22%
BIO	B	-0.22%
RHI	D	-0.21%
NOV	F	-0.21%
FLR	B	-0.19%
XRAY	D	-0.17%
M	D	-0.16%