WRND vs. MGC ETF Comparison

Comparison of IQ Global Equity R&D Leaders ETF (WRND) to Vanguard Mega Cap ETF (MGC)

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

MGC

Vanguard Mega Cap ETF

MGC Description

The investment seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks in the United States. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mega Cap Index. The index is a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of mega-capitalization stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$205.55

Average Daily Volume

84,347

Number of Holdings ^*

196

* may have additional holdings in another (foreign) market

Performance

Period	WRND	MGC
30 Days	-1.19%	1.87%
60 Days	-0.91%	3.69%
90 Days	-0.36%	4.28%
12 Months	19.36%	33.35%

69 Overlapping Holdings

Symbol	Grade	Weight in WRND	Weight in MGC	Overlap
AAPL	C	3.48%	8.33%	3.48%
ABBV	C	0.89%	0.84%	0.84%
ABBV	C	0.17%	0.84%	0.17%
ABNB	D	0.15%	0.14%	0.14%
ABT	C	0.32%	0.47%	0.32%
ACN	C	0.16%	0.54%	0.16%
ADBE	F	0.43%	0.64%	0.43%
ADI	C	0.16%	0.3%	0.16%
ADSK	C	0.16%	0.14%	0.14%
AMAT	D	0.26%	0.45%	0.26%
AMD	D	0.6%	0.6%	0.6%
AMGN	B	0.58%	0.46%	0.46%
AMZN	C	5.84%	4.51%	4.51%
AVGO	C	0.79%	1.92%	0.79%
BA	F	0.35%	0.3%	0.3%
BDX	D	0.12%	0.18%	0.12%
BMY	C	1.18%	0.25%	0.25%
BSX	B	0.17%	0.28%	0.17%
CAT	B	0.24%	0.44%	0.24%
CDNS	D	0.13%	0.19%	0.13%
CRM	D	0.56%	0.61%	0.56%
CSCO	C	0.87%	0.45%	0.45%
DE	B	0.24%	0.25%	0.24%
DHR	B	0.18%	0.48%	0.18%
EW	F	0.09%	0.1%	0.09%
F	F	0.78%	0.11%	0.11%
GE	B	0.22%	0.46%	0.22%
GILD	B	0.73%	0.24%	0.24%
GM	C	1.02%	0.13%	0.13%
GOOGL	D	4.16%	2.58%	2.58%
HON	D	0.15%	0.34%	0.15%
IBM	B	0.91%	0.45%	0.45%
INTC	F	1.08%	0.34%	0.34%
INTU	C	0.3%	0.44%	0.3%
ISRG	B	0.13%	0.41%	0.13%
JNJ	C	1.8%	0.98%	0.98%
KLAC	D	0.12%	0.29%	0.12%
LLY	C	1.11%	1.77%	1.11%
LMT	C	0.19%	0.33%	0.19%
LRCX	F	0.14%	0.31%	0.14%
MDT	C	0.32%	0.27%	0.27%
META	B	4.29%	2.68%	2.68%
MMM	B	0.24%	0.18%	0.18%
MRK	D	2.67%	0.74%	0.74%
MRVL	C	0.21%	0.07%	0.07%
MSFT	C	2.86%	8.01%	2.86%
MU	F	0.21%	0.31%	0.21%
NFLX	B	0.29%	0.7%	0.29%
NOC	B	0.15%	0.17%	0.15%
NOW	B	0.29%	0.43%	0.29%
NVDA	D	0.95%	7.04%	0.95%
ORCL	C	1.09%	0.59%	0.59%
PANW	D	0.2%	0.27%	0.2%
PFE	C	1.18%	0.45%	0.45%
PG	C	0.22%	0.98%	0.22%
PYPL	B	0.37%	0.18%	0.18%
QCOM	D	0.72%	0.52%	0.52%
REGN	C	0.48%	0.29%	0.29%
RTX	C	0.35%	0.4%	0.35%
SNOW	F	0.13%	0.1%	0.1%
SNPS	D	0.17%	0.22%	0.17%
SQ	D	0.3%	0.04%	0.04%
SYK	C	0.15%	0.29%	0.15%
TMO	B	0.15%	0.6%	0.15%
TSLA	C	0.58%	1.62%	0.58%
TXN	C	0.2%	0.48%	0.2%
UBER	C	0.33%	0.33%	0.33%
VRTX	D	0.38%	0.33%	0.33%
WDAY	D	0.31%	0.12%	0.12%

WRND Overweight 40 Positions Relative to MGC

Symbol	Grade	Weight
NVS	C	1.2%
BABA	B	1.06%
TM	F	0.96%
HMC	D	0.81%
SONY	C	0.74%
STLA	F	0.56%
BIDU	D	0.4%
NIO	C	0.29%
BGNE	C	0.28%
EA	D	0.27%
RIVN	F	0.26%
MELI	B	0.26%
MRNA	F	0.23%
SHOP	C	0.22%
TEAM	D	0.22%
LI	D	0.22%
NXPI	F	0.21%
TCOM	C	0.21%
HPE	D	0.2%
EBAY	B	0.19%
SPOT	B	0.19%
BIIB	F	0.19%
INCY	C	0.18%
RBLX	B	0.18%
ILMN	C	0.17%
CMI	C	0.17%
WDC	D	0.16%
GEHC	C	0.15%
CTVA	B	0.15%
EXPE	C	0.15%
HPQ	D	0.15%
DASH	C	0.13%
LPL	F	0.13%
JNPR	B	0.13%
U	D	0.13%
GLW	C	0.12%
APTV	D	0.12%
CNH	D	0.11%
MCHP	F	0.1%
PINS	F	0.08%

WRND Underweight 128 Positions Relative to MGC

Symbol	Grade	Weight
GOOG	D	-2.14%
BRK.A	C	-1.91%
JPM	D	-1.57%
UNH	C	-1.37%
XOM	C	-1.37%
V	C	-1.08%
MA	B	-0.99%
COST	B	-0.94%
HD	B	-0.94%
WMT	C	-0.78%
CVX	D	-0.73%
BAC	D	-0.69%
KO	C	-0.67%
PEP	C	-0.61%
LIN	B	-0.56%
WFC	D	-0.53%
MCD	B	-0.49%
PM	C	-0.46%
DIS	D	-0.44%
CMCSA	D	-0.42%
GS	C	-0.42%
VZ	B	-0.4%
SPGI	B	-0.4%
NEE	C	-0.4%
UNP	C	-0.39%
T	C	-0.36%
LOW	B	-0.36%
AXP	B	-0.33%
TJX	B	-0.33%
COP	D	-0.33%
ELV	C	-0.32%
BLK	B	-0.32%
PGR	B	-0.32%
MS	D	-0.32%
BKNG	C	-0.32%
ETN	C	-0.31%
PLD	C	-0.3%
C	C	-0.3%
CB	B	-0.29%
ADP	B	-0.28%
MMC	C	-0.28%
AMT	C	-0.27%
CI	C	-0.26%
BX	B	-0.26%
TMUS	C	-0.25%
SO	B	-0.24%
MDLZ	B	-0.24%
SCHW	D	-0.24%
UPS	D	-0.24%
SBUX	C	-0.23%
NKE	D	-0.23%
MO	C	-0.22%
DUK	C	-0.22%
ANET	B	-0.22%
ICE	C	-0.22%
SHW	B	-0.21%
MCK	F	-0.21%
WM	D	-0.21%
CL	D	-0.21%
KKR	B	-0.21%
CVS	D	-0.2%
PNC	B	-0.19%
PH	B	-0.19%
EOG	D	-0.19%
GD	B	-0.19%
ZTS	C	-0.19%
CMG	C	-0.19%
EQIX	C	-0.19%
TT	B	-0.19%
CSX	D	-0.18%
SLB	F	-0.18%
TGT	C	-0.18%
CME	C	-0.18%
USB	B	-0.18%
ITW	C	-0.18%
MCO	B	-0.18%
HCA	B	-0.18%
FCX	D	-0.17%
ORLY	C	-0.17%
FDX	C	-0.17%
EMR	D	-0.17%
AON	B	-0.17%
PSX	F	-0.16%
MPC	F	-0.16%
NSC	C	-0.15%
ROP	C	-0.15%
APD	B	-0.15%
ECL	B	-0.15%
TFC	C	-0.15%
VLO	F	-0.14%
CRWD	D	-0.14%
AFL	C	-0.14%
BRK.A	C	-0.14%
COF	B	-0.14%
BK	B	-0.13%
TRV	C	-0.13%
SRE	C	-0.13%
AEP	C	-0.13%
MAR	C	-0.13%
KMB	D	-0.12%
MET	B	-0.12%
PSA	B	-0.12%
TEL	D	-0.12%
CCI	C	-0.12%
ROST	C	-0.12%
PAYX	C	-0.11%
HUM	F	-0.11%
KDP	B	-0.1%
OXY	F	-0.1%
MNST	D	-0.1%
RSG	D	-0.1%
STZ	D	-0.1%
CHTR	D	-0.09%
DELL	D	-0.08%
WMB	B	-0.07%
AIG	D	-0.07%
HLT	B	-0.07%
AZO	D	-0.07%
KHC	C	-0.07%
EL	F	-0.06%
D	C	-0.06%
SPG	B	-0.06%
JCI	B	-0.06%
GEV	B	-0.06%
FTNT	C	-0.05%
SYY	D	-0.05%
KMI	B	-0.05%
LULU	D	-0.04%