WRND vs. QLC ETF Comparison

Comparison of IQ Global Equity R&D Leaders ETF (WRND) to FlexShares US Quality Large Cap Index Fund (QLC)

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

QLC

FlexShares US Quality Large Cap Index Fund

QLC Description

FlexShares Trust - FlexShares US Quality Large Cap Index Fund is an exchange traded fund launched by Northern Trust Corporation. The fund is managed by Northern Trust Investments, Incorporated. It invests in public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in momentum stocks of large-cap companies. The fund seeks to track the performance of the Northern Trust Quality Large Cap Index, by employing representative sampling methodology. FlexShares Trust - FlexShares US Quality Large Cap Index Fund is domiciled in the United States.

Grade (RS Rating)

Last Trade

$64.91

Average Daily Volume

45,344

Number of Holdings ^*

162

* may have additional holdings in another (foreign) market

Performance

Period	WRND	QLC
30 Days	5.05%	4.16%
60 Days	11.38%	10.83%
90 Days	1.00%	4.05%
12 Months	29.91%	38.17%

46 Overlapping Holdings

Symbol	Grade	Weight in WRND	Weight in QLC	Overlap
AAPL	C	3.46%	7.78%	3.46%
ABBV	C	0.86%	0.23%	0.23%
ABBV	C	0.17%	0.23%	0.17%
ABNB	D	0.15%	0.21%	0.15%
ABT	C	0.3%	0.13%	0.13%
ACN	B	0.15%	0.7%	0.15%
ADBE	F	0.36%	0.84%	0.36%
ADI	B	0.16%	0.53%	0.16%
AMAT	C	0.27%	0.8%	0.27%
AMGN	D	0.54%	0.64%	0.54%
AMZN	C	5.54%	2.21%	2.21%
AVGO	B	0.79%	1.77%	0.79%
BMY	A	1.2%	0.42%	0.42%
CAT	A	0.26%	1.0%	0.26%
CMI	A	0.18%	0.28%	0.18%
CRM	B	0.57%	0.03%	0.03%
CSCO	A	0.89%	1.19%	0.89%
DASH	A	0.13%	0.21%	0.13%
DHR	D	0.18%	0.05%	0.05%
EA	D	0.25%	0.26%	0.25%
EBAY	A	0.19%	0.52%	0.19%
EXPE	B	0.16%	0.05%	0.05%
GE	B	0.23%	1.04%	0.23%
GEHC	C	0.15%	0.09%	0.09%
GILD	A	0.7%	0.15%	0.15%
GOOGL	B	4.24%	2.85%	2.85%
INTU	F	0.27%	0.98%	0.27%
JNJ	D	1.69%	1.61%	1.61%
KLAC	B	0.12%	0.81%	0.12%
LLY	D	1.0%	1.39%	1.0%
LMT	A	0.19%	0.68%	0.19%
LRCX	D	0.14%	0.84%	0.14%
MCHP	F	0.1%	0.28%	0.1%
MELI	D	0.24%	0.43%	0.24%
META	A	4.44%	2.51%	2.51%
MMM	C	0.24%	0.27%	0.24%
MRK	F	2.5%	1.08%	1.08%
MSFT	D	2.74%	4.9%	2.74%
NFLX	A	0.28%	0.61%	0.28%
NVDA	B	0.92%	5.56%	0.92%
ORCL	A	1.09%	1.05%	1.05%
PG	D	0.21%	1.33%	0.21%
QCOM	D	0.7%	0.7%	0.7%
REGN	D	0.42%	0.09%	0.09%
SYK	C	0.14%	0.04%	0.04%
TSLA	C	0.63%	0.61%	0.61%

WRND Overweight 63 Positions Relative to QLC

Symbol	Grade	Weight
BABA	A	1.34%
INTC	D	1.25%
NVS	D	1.15%
PFE	D	1.12%
GM	D	0.94%
TM	D	0.92%
IBM	A	0.9%
HMC	D	0.77%
SONY	C	0.74%
F	D	0.74%
AMD	C	0.62%
BIDU	C	0.49%
STLA	F	0.49%
PYPL	A	0.39%
NIO	C	0.37%
VRTX	D	0.35%
UBER	C	0.34%
BGNE	A	0.33%
RTX	A	0.33%
MDT	C	0.31%
BA	F	0.31%
LI	C	0.31%
SQ	D	0.3%
WDAY	D	0.29%
NOW	B	0.28%
TCOM	A	0.27%
DE	C	0.25%
SHOP	B	0.24%
HPE	B	0.23%
MU	D	0.23%
NXPI	F	0.21%
MRNA	F	0.21%
SPOT	C	0.2%
RIVN	F	0.2%
TEAM	D	0.2%
TXN	C	0.2%
PANW	B	0.19%
MRVL	C	0.19%
BIIB	F	0.18%
RBLX	D	0.17%
WDC	C	0.17%
SNPS	F	0.17%
INCY	B	0.17%
BSX	A	0.16%
HPQ	B	0.16%
ADSK	B	0.16%
ILMN	B	0.16%
NOC	B	0.15%
U	D	0.15%
CTVA	A	0.15%
HON	C	0.14%
TMO	D	0.14%
CDNS	D	0.13%
SNOW	F	0.13%
JNPR	C	0.13%
LPL	D	0.13%
CNH	C	0.12%
BDX	C	0.12%
GLW	C	0.12%
ISRG	C	0.12%
APTV	D	0.12%
EW	F	0.08%
PINS	D	0.08%

WRND Underweight 117 Positions Relative to QLC

Symbol	Grade	Weight
GOOG	B	-2.82%
BRK.A	B	-2.36%
JPM	C	-1.83%
BAC	B	-1.3%
C	B	-1.16%
SO	A	-0.9%
CI	D	-0.84%
CMCSA	B	-0.78%
T	B	-0.78%
ITW	C	-0.76%
HD	A	-0.69%
MCK	F	-0.65%
BK	A	-0.64%
PEG	A	-0.64%
AFL	A	-0.64%
SPG	A	-0.62%
NVR	C	-0.61%
CBRE	C	-0.61%
ETR	A	-0.6%
MPC	D	-0.59%
AZO	D	-0.59%
COF	A	-0.59%
FICO	C	-0.59%
GS	B	-0.58%
GWW	B	-0.58%
ED	C	-0.57%
PPL	C	-0.57%
LDOS	A	-0.57%
BKNG	B	-0.56%
MS	A	-0.55%
AVB	C	-0.55%
MET	A	-0.55%
PSA	C	-0.54%
VLO	F	-0.54%
COR	F	-0.54%
ESS	D	-0.53%
CHKP	A	-0.52%
PM	D	-0.52%
AIG	C	-0.51%
NRG	A	-0.49%
WY	C	-0.48%
KR	C	-0.47%
KMB	D	-0.47%
LOW	C	-0.47%
HST	D	-0.46%
STLD	C	-0.45%
EQR	C	-0.45%
SYF	A	-0.44%
GIS	C	-0.42%
NUE	D	-0.42%
FTNT	A	-0.42%
OMC	C	-0.42%
EXPD	D	-0.42%
EXC	C	-0.41%
STT	A	-0.41%
RMD	C	-0.4%
DVA	C	-0.4%
MTD	C	-0.4%
CNC	F	-0.39%
UPS	D	-0.38%
CL	D	-0.37%
CSL	A	-0.36%
CTSH	B	-0.35%
FIS	A	-0.34%
WFC	B	-0.34%
ALLY	F	-0.33%
RCL	B	-0.31%
DELL	C	-0.29%
MO	D	-0.28%
MAS	C	-0.27%
PHM	C	-0.27%
WAB	A	-0.27%
PCAR	D	-0.27%
PRU	B	-0.27%
JBL	C	-0.26%
TAP	D	-0.26%
APP	A	-0.24%
FITB	C	-0.24%
HCA	C	-0.23%
OXY	D	-0.23%
EIX	C	-0.23%
HOLX	D	-0.22%
IDXX	D	-0.22%
CAH	B	-0.21%
ICLR	F	-0.21%
BBY	C	-0.21%
PSX	D	-0.2%
IT	A	-0.19%
NTAP	D	-0.18%
PAYX	B	-0.16%
FI	A	-0.16%
ELV	F	-0.16%
WSM	C	-0.16%
HOOD	B	-0.15%
THC	D	-0.15%
DFS	A	-0.14%
LYB	B	-0.13%
UTHR	C	-0.13%
CE	D	-0.13%
MANH	A	-0.12%
LEN	C	-0.11%
EME	B	-0.11%
AOS	C	-0.1%
CRBG	B	-0.08%
FLEX	B	-0.07%
TGT	C	-0.07%
ZM	B	-0.05%
ADP	A	-0.05%
EVRG	C	-0.03%
JLL	C	-0.03%
ROP	D	-0.03%
MAA	D	-0.02%
EMR	B	-0.02%
MEDP	F	-0.02%
TXT	F	-0.02%
ADM	F	-0.02%
LAMR	C	-0.02%