WRND vs. TCAF ETF Comparison

Comparison of IQ Global Equity R&D Leaders ETF (WRND) to T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF (TCAF)

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

TCAF

T. Rowe Price Exchange-Traded Funds, Inc. T. Rowe Price Capital Appreciation Equity ETF

TCAF Description

The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in equity securities. The fund may purchase the stocks of companies of any size, but typically focuses on large U.S. companies. The fund may at times invest significantly in certain sectors, including the information technology and healthcare sectors. It is non-diversified.

Grade (RS Rating)

Last Trade

$33.89

Average Daily Volume

565,915

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	WRND	TCAF
30 Days	-1.90%	1.74%
60 Days	-1.83%	2.92%
90 Days	-1.88%	3.99%
12 Months	18.15%	28.41%

29 Overlapping Holdings

Symbol	Grade	Weight in WRND	Weight in TCAF	Overlap
AAPL	C	3.25%	5.34%	3.25%
ABBV	D	0.17%	0.67%	0.17%
ABBV	D	0.68%	0.67%	0.67%
ABT	B	0.3%	1.24%	0.3%
ACN	C	0.15%	0.25%	0.15%
ADSK	A	0.17%	0.95%	0.17%
AMD	F	0.57%	1.02%	0.57%
AMZN	C	6.24%	4.51%	4.51%
AVGO	D	0.86%	1.39%	0.86%
BA	F	0.36%	0.09%	0.09%
BDX	F	0.12%	2.48%	0.12%
BIIB	F	0.17%	0.53%	0.17%
CDNS	B	0.17%	0.12%	0.12%
CRM	B	0.66%	1.63%	0.66%
DHR	F	0.14%	2.63%	0.14%
GEHC	F	0.12%	0.54%	0.12%
GOOGL	C	5.25%	3.12%	3.12%
INTU	C	0.3%	1.55%	0.3%
KLAC	D	0.11%	0.12%	0.11%
LLY	F	0.85%	1.5%	0.85%
LRCX	F	0.18%	0.32%	0.18%
META	D	4.08%	2.3%	2.3%
MSFT	F	2.97%	8.23%	2.97%
NOC	D	0.12%	1.18%	0.12%
NVDA	C	1.34%	6.12%	1.34%
NXPI	D	0.24%	0.53%	0.24%
RTX	C	0.3%	1.47%	0.3%
SYK	C	0.15%	0.15%	0.15%
TMO	F	0.12%	0.93%	0.12%

WRND Overweight 83 Positions Relative to TCAF

Symbol	Grade	Weight
INTC	D	1.97%
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%
VRTX	F	0.84%
TM	D	0.74%
IBM	C	0.71%
TSLA	B	0.67%
SONY	B	0.66%
STLA	F	0.66%
HMC	F	0.65%
GILD	C	0.64%
AMGN	D	0.47%
ADBE	C	0.39%
BIDU	F	0.39%
SQ	B	0.39%
MU	D	0.38%
NFLX	A	0.35%
TEAM	A	0.34%
PYPL	B	0.34%
UBER	D	0.31%
AMAT	F	0.3%
EA	A	0.3%
REGN	F	0.29%
INCY	C	0.29%
MDT	D	0.28%
WDAY	B	0.28%
MRNA	F	0.27%
HPE	B	0.27%
TCOM	B	0.27%
NOW	A	0.26%
CAT	B	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%
SNPS	B	0.22%
MELI	D	0.21%
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%
HON	B	0.18%
EXPE	B	0.18%
GE	D	0.18%
RIVN	F	0.17%
BSX	B	0.17%
EBAY	D	0.16%
RBLX	C	0.16%
MMM	D	0.16%
LMT	D	0.15%
ADI	D	0.15%
ILMN	D	0.14%
DASH	A	0.14%
CTVA	C	0.14%
GLW	B	0.12%
DDOG	A	0.12%
EW	C	0.12%
ISRG	A	0.12%
NTAP	C	0.11%
LPL	F	0.11%
JNPR	F	0.11%
PINS	D	0.11%
UL	D	0.11%
ALNY	D	0.1%
APTV	D	0.1%
MCHP	D	0.09%
LCID	F	0.07%

WRND Underweight 65 Positions Relative to TCAF

Symbol	Grade	Weight
UNH	C	-2.95%
FTV	C	-2.71%
RVTY	F	-2.44%
AEE	A	-1.91%
ROP	B	-1.74%
PTC	A	-1.67%
WCN	A	-1.64%
MA	C	-1.53%
CNP	B	-1.49%
VLTO	D	-1.49%
V	A	-1.44%
DTE	C	-1.31%
LIN	D	-1.24%
MLM	B	-1.2%
IR	B	-1.19%
NI	A	-1.09%
ICE	C	-1.06%
MCK	B	-1.05%
YUM	B	-1.04%
MMC	B	-0.98%
HLT	A	-0.92%
CMS	C	-0.82%
MCD	D	-0.78%
TDY	B	-0.71%
AMT	D	-0.7%
SCI	B	-0.68%
AVTR	F	-0.67%
ELV	F	-0.67%
AJG	B	-0.62%
HUM	C	-0.55%
SBAC	D	-0.55%
KKR	A	-0.49%
KDP	D	-0.46%
RSG	A	-0.44%
AUR	C	-0.41%
SBUX	A	-0.38%
NKE	D	-0.36%
EXC	C	-0.34%
BKNG	A	-0.34%
IEX	B	-0.33%
ANSS	B	-0.32%
CSX	B	-0.28%
MAR	B	-0.28%
ARGX	A	-0.26%
DLTR	F	-0.25%
CME	A	-0.24%
WTW	B	-0.21%
AME	A	-0.2%
MS	A	-0.2%
SPGI	C	-0.2%
CMG	B	-0.16%
SLB	C	-0.15%
MSCI	C	-0.14%
DIS	B	-0.14%
LNT	A	-0.12%
WEC	A	-0.12%
XEL	A	-0.11%
VMC	B	-0.11%
TW	A	-0.1%
INFA	D	-0.1%
GS	A	-0.1%
PNC	B	-0.1%
TYL	B	-0.06%
TT	A	-0.05%
APH	A	-0.04%