WRND vs. OPTZ ETF Comparison

Comparison of IQ Global Equity R&D Leaders ETF (WRND) to Optimize Strategy Index ETF (OPTZ)

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

$29.08

Average Daily Volume

1,357

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

OPTZ

Optimize Strategy Index ETF

OPTZ Description

OPTZ seeks to track a broad market index consisting of US-listed equities that meet certain market-cap threshold and liquidity requirements. To be included in the fund, eligible large-cap and small-cap companies are evaluated and ranked within their own sector. Large cap companies are ranked based on the ratio of current EPS over the trailing 10-year average EPS, the current P/E ratio, and the 2-year forward EPS growth estimate. Small-cap companies are ranked solely on their P/S ratio. Within these two groups, the top 20% are selected from each sector. The index weights the sectors using the sum of the market capitalization of all constituents in each sector and within each sector each constituent is equally weighted. Reconstitution and rebalancing are done semi-annually.

Grade (RS Rating)

Last Trade

$31.04

Average Daily Volume

7,221

Number of Holdings ^*

321

* may have additional holdings in another (foreign) market

Performance

Period	WRND	OPTZ
30 Days	-1.90%	8.47%
60 Days	-1.83%	9.68%
90 Days	-1.88%	11.36%
12 Months	18.15%

28 Overlapping Holdings

Symbol	Grade	Weight in WRND	Weight in OPTZ	Overlap
AAPL	C	3.25%	1.06%	1.06%
ADBE	C	0.39%	0.11%	0.11%
AMAT	F	0.3%	1.0%	0.3%
AMD	F	0.57%	1.03%	0.57%
AMZN	C	6.24%	0.38%	0.38%
APTV	D	0.1%	0.25%	0.1%
BA	F	0.36%	0.11%	0.11%
CAT	B	0.24%	0.14%	0.14%
CDNS	B	0.17%	1.21%	0.17%
CRM	B	0.66%	1.37%	0.66%
EA	A	0.3%	0.66%	0.3%
HON	B	0.18%	0.15%	0.15%
IBM	C	0.71%	1.02%	0.71%
INCY	C	0.29%	0.16%	0.16%
INTC	D	1.97%	1.31%	1.31%
ISRG	A	0.12%	0.15%	0.12%
MELI	D	0.21%	0.27%	0.21%
META	D	4.08%	0.65%	0.65%
NFLX	A	0.35%	0.73%	0.35%
NOW	A	0.26%	1.27%	0.26%
NVDA	C	1.34%	1.44%	1.34%
SNPS	B	0.22%	1.16%	0.22%
SQ	B	0.39%	0.27%	0.27%
SYK	C	0.15%	0.14%	0.14%
TMO	F	0.12%	0.11%	0.11%
TSLA	B	0.67%	0.49%	0.49%
VRTX	F	0.84%	0.13%	0.13%
WDAY	B	0.28%	0.13%	0.13%

WRND Overweight 84 Positions Relative to OPTZ

Symbol	Grade	Weight
GOOGL	C	5.25%
MSFT	F	2.97%
MRK	F	1.59%
JNJ	D	1.48%
GM	B	1.2%
BMY	B	1.17%
ORCL	B	1.05%
NVS	D	0.96%
BABA	D	0.95%
PFE	D	0.94%
CSCO	B	0.93%
QCOM	F	0.9%
F	C	0.89%
AVGO	D	0.86%
LLY	F	0.85%
TM	D	0.74%
ABBV	D	0.68%
SONY	B	0.66%
STLA	F	0.66%
HMC	F	0.65%
GILD	C	0.64%
AMGN	D	0.47%
BIDU	F	0.39%
MU	D	0.38%
TEAM	A	0.34%
PYPL	B	0.34%
UBER	D	0.31%
ABT	B	0.3%
INTU	C	0.3%
RTX	C	0.3%
REGN	F	0.29%
MDT	D	0.28%
MRNA	F	0.27%
HPE	B	0.27%
TCOM	B	0.27%
NXPI	D	0.24%
SHOP	B	0.24%
MRVL	B	0.24%
DE	A	0.24%
SPOT	B	0.22%
PANW	C	0.22%
LI	F	0.22%
TXN	C	0.21%
PG	A	0.21%
BGNE	D	0.2%
SNOW	C	0.19%
HPQ	B	0.19%
CMI	A	0.19%
WDC	D	0.19%
ABNB	C	0.19%
NIO	F	0.19%
EXPE	B	0.18%
GE	D	0.18%
LRCX	F	0.18%
RIVN	F	0.17%
BSX	B	0.17%
ADSK	A	0.17%
BIIB	F	0.17%
ABBV	D	0.17%
EBAY	D	0.16%
RBLX	C	0.16%
MMM	D	0.16%
ACN	C	0.15%
LMT	D	0.15%
ADI	D	0.15%
ILMN	D	0.14%
DASH	A	0.14%
DHR	F	0.14%
CTVA	C	0.14%
GLW	B	0.12%
BDX	F	0.12%
DDOG	A	0.12%
NOC	D	0.12%
EW	C	0.12%
GEHC	F	0.12%
NTAP	C	0.11%
LPL	F	0.11%
JNPR	F	0.11%
PINS	D	0.11%
KLAC	D	0.11%
UL	D	0.11%
ALNY	D	0.1%
MCHP	D	0.09%
LCID	F	0.07%

WRND Underweight 293 Positions Relative to OPTZ

Symbol	Grade	Weight
APP	B	-2.03%
CRWD	B	-1.37%
TTMI	B	-1.36%
DELL	C	-1.29%
GDDY	A	-1.27%
FFIV	B	-1.25%
ANET	C	-1.24%
QLYS	C	-1.22%
BHE	B	-1.2%
ITRI	B	-1.19%
MSI	B	-1.18%
WIX	B	-1.15%
INFN	C	-1.11%
VZIO	A	-1.04%
VRSN	F	-1.03%
BAH	F	-1.02%
ROP	B	-1.0%
FSLR	F	-0.96%
DJT	C	-0.93%
LUMN	C	-0.83%
CRUS	D	-0.8%
IDCC	A	-0.78%
ACLS	F	-0.78%
DIS	B	-0.77%
TMUS	B	-0.72%
RNG	B	-0.72%
ZM	B	-0.71%
CMCSA	B	-0.64%
T	A	-0.64%
EAT	A	-0.55%
CVNA	B	-0.55%
AMC	C	-0.54%
NPAB	B	-0.52%
WWW	B	-0.48%
NCLH	B	-0.48%
RCL	A	-0.47%
COIN	C	-0.42%
HBI	B	-0.42%
WOOF	D	-0.42%
UNFI	A	-0.41%
RL	B	-0.39%
LULU	C	-0.39%
SIG	B	-0.39%
MAR	B	-0.39%
DECK	A	-0.39%
LVS	C	-0.38%
WHR	B	-0.37%
GRMN	B	-0.37%
ANF	C	-0.36%
SBH	C	-0.36%
WYNN	D	-0.36%
BZH	B	-0.35%
LOW	D	-0.35%
PCT	C	-0.34%
FIVE	F	-0.34%
DPZ	C	-0.34%
PVH	C	-0.34%
ORLY	B	-0.34%
ALV	C	-0.33%
BURL	A	-0.33%
TAP	C	-0.32%
MCD	D	-0.32%
CHDN	B	-0.32%
APO	B	-0.31%
YETI	C	-0.31%
ENR	B	-0.31%
ETSY	D	-0.3%
CHD	B	-0.3%
ULTA	F	-0.3%
ROST	C	-0.29%
DKS	C	-0.29%
GPC	D	-0.29%
COST	B	-0.29%
LC	A	-0.28%
LEA	D	-0.28%
TGT	F	-0.28%
LNW	D	-0.28%
DOLE	D	-0.27%
WBA	F	-0.27%
STZ	D	-0.27%
ODP	F	-0.27%
AX	A	-0.26%
DAN	D	-0.26%
PEP	F	-0.26%
CVS	D	-0.26%
CL	D	-0.25%
GS	A	-0.25%
KKR	A	-0.25%
FI	A	-0.25%
AMP	A	-0.25%
CAL	D	-0.25%
BG	F	-0.25%
TROW	B	-0.24%
ARES	A	-0.24%
AXP	A	-0.24%
CROX	D	-0.24%
BLK	C	-0.24%
BHF	B	-0.24%
CINF	A	-0.23%
AGO	B	-0.23%
PRU	A	-0.23%
EWTX	C	-0.23%
AIZ	A	-0.23%
CPAY	A	-0.23%
PRG	C	-0.22%
SIGI	C	-0.22%
GPN	B	-0.22%
WTW	B	-0.22%
COOP	B	-0.22%
LBPH	A	-0.22%
BR	A	-0.22%
V	A	-0.22%
TRV	B	-0.22%
NATL	B	-0.21%
GL	B	-0.21%
PGR	A	-0.21%
AXON	A	-0.21%
VRT	B	-0.21%
AER	B	-0.21%
BFH	B	-0.21%
MSCI	C	-0.21%
BRO	B	-0.21%
ALL	A	-0.21%
LDI	C	-0.2%
ICE	C	-0.2%
STRL	B	-0.2%
MKTX	D	-0.2%
CME	A	-0.2%
SPGI	C	-0.2%
HIG	B	-0.2%
CRS	A	-0.2%
MCO	B	-0.2%
GATO	D	-0.2%
RNR	C	-0.2%
ZIM	C	-0.2%
NAVI	C	-0.19%
ACGL	D	-0.19%
DAL	C	-0.19%
PMT	D	-0.19%
CBOE	B	-0.19%
CB	C	-0.19%
FIX	A	-0.18%
APD	A	-0.18%
VMC	B	-0.18%
EME	C	-0.18%
GTLS	B	-0.18%
PAYC	B	-0.18%
XPO	B	-0.18%
LPX	B	-0.18%
EXP	A	-0.18%
SKYW	B	-0.18%
HQY	B	-0.17%
JBLU	F	-0.17%
AVNT	B	-0.17%
MLM	B	-0.17%
HASI	D	-0.17%
PEN	B	-0.16%
EMN	D	-0.16%
SHW	A	-0.16%
DOCU	A	-0.16%
PCTY	B	-0.16%
PWR	A	-0.16%
AIT	A	-0.16%
ACHR	B	-0.16%
VERA	B	-0.16%
GNRC	B	-0.16%
ECL	D	-0.15%
HUBB	B	-0.15%
ESTC	C	-0.15%
GFF	A	-0.15%
TT	A	-0.15%
ETN	A	-0.15%
PCAR	B	-0.15%
PEGA	A	-0.15%
WAB	B	-0.15%
JAZZ	B	-0.15%
PH	A	-0.15%
URI	B	-0.15%
TPC	C	-0.15%
SAIA	B	-0.15%
PODD	C	-0.15%
CLOV	D	-0.15%
PNR	A	-0.15%
PHIN	A	-0.14%
THC	D	-0.14%
STGW	B	-0.14%
COR	B	-0.14%
ZBH	C	-0.14%
MRC	B	-0.14%
DGX	A	-0.14%
WST	C	-0.14%
LECO	B	-0.14%
UTHR	C	-0.14%
CAH	B	-0.14%
LIVN	F	-0.14%
AKRO	B	-0.14%
REVG	B	-0.14%
LIN	D	-0.14%
DVA	B	-0.14%
UNH	C	-0.13%
BV	B	-0.13%
VRSK	A	-0.13%
ALGN	D	-0.13%
FDX	B	-0.13%
NBIX	C	-0.13%
SAVA	D	-0.13%
OSK	B	-0.13%
PBI	B	-0.13%
WWD	B	-0.13%
ASH	D	-0.13%
MANH	D	-0.13%
AHCO	F	-0.12%
SHC	F	-0.12%
AOS	F	-0.12%
KRYS	B	-0.12%
MOH	F	-0.12%
RPRX	D	-0.12%
XYL	D	-0.12%
STE	F	-0.12%
RSG	A	-0.12%
ETNB	C	-0.12%
DAWN	F	-0.12%
IQV	D	-0.11%
EFX	F	-0.11%
COGT	D	-0.11%
SRPT	D	-0.11%
BAX	D	-0.11%
DLR	B	-0.11%
SNDX	F	-0.11%
KURA	F	-0.11%
VNO	B	-0.11%
UHS	D	-0.11%
IDXX	F	-0.11%
DYN	F	-0.11%
UNIT	B	-0.1%
EQIX	A	-0.1%
RHP	B	-0.1%
CGEM	F	-0.1%
WELL	A	-0.1%
SPG	B	-0.1%
LNTH	D	-0.1%
EXPI	C	-0.1%
CBRE	B	-0.1%
OMI	F	-0.1%
HII	D	-0.09%
CPT	B	-0.09%
PEB	D	-0.09%
NEXT	B	-0.09%
ELS	C	-0.09%
PK	B	-0.09%
CE	F	-0.09%
LAMR	D	-0.09%
WY	D	-0.09%
SBRA	C	-0.09%
OGN	D	-0.09%
NMRK	B	-0.09%
REXR	F	-0.08%
NVRI	F	-0.08%
RDFN	D	-0.08%
SBAC	D	-0.08%
EGP	F	-0.08%
TDW	F	-0.08%
ICLR	D	-0.08%
PRIM	A	-0.08%
CEG	D	-0.07%
KNTK	B	-0.07%
BKR	B	-0.07%
WMB	A	-0.07%
BKD	D	-0.07%
AMT	D	-0.07%
TRGP	B	-0.07%
DTM	B	-0.07%
ATO	A	-0.06%
WKC	D	-0.06%
ETR	B	-0.06%
SLB	C	-0.06%
OII	B	-0.06%
WHD	B	-0.06%
FTI	A	-0.06%
SANA	F	-0.06%
NRG	B	-0.06%
EIX	B	-0.05%
VAL	D	-0.05%
DUK	C	-0.05%
DTE	C	-0.05%
APA	D	-0.05%
SO	D	-0.05%
WFRD	D	-0.05%
DK	C	-0.05%
SWX	B	-0.05%
AES	F	-0.04%
NFE	D	-0.04%
HE	C	-0.04%