ABEQ vs. WRND ETF Comparison

Comparison of Absolute Core Strategy ETF (ABEQ) to IQ Global Equity R&D Leaders ETF (WRND)
ABEQ

Absolute Core Strategy ETF

ABEQ Description

The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the underlying index). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the index provider), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.07

Average Daily Volume

5,821

Number of Holdings *

18

* may have additional holdings in another (foreign) market
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
Performance
Period ABEQ WRND
30 Days -0.02% -1.90%
60 Days 1.16% -1.83%
90 Days 2.43% -1.88%
12 Months 20.55% 18.15%
7 Overlapping Holdings
Symbol Grade Weight in ABEQ Weight in WRND Overlap
CSCO B 3.28% 0.93% 0.93%
CTVA C 3.01% 0.14% 0.14%
GEHC F 0.93% 0.12% 0.12%
HON B 1.06% 0.18% 0.18%
MDT D 4.3% 0.28% 0.28%
MRK F 1.65% 1.59% 1.59%
UL D 6.19% 0.11% 0.11%
ABEQ Overweight 11 Positions Relative to WRND
Symbol Grade Weight
BRK.A B 11.57%
L A 6.76%
DD D 4.11%
TRV B 3.91%
CMCSA B 3.76%
EOG A 3.6%
IFF D 2.29%
HSY F 1.86%
DEO F 1.7%
CME A 1.24%
VZ C 1.02%
ABEQ Underweight 105 Positions Relative to WRND
Symbol Grade Weight
AMZN C -6.24%
GOOGL C -5.25%
META D -4.08%
AAPL C -3.25%
MSFT F -2.97%
INTC D -1.97%
JNJ D -1.48%
NVDA C -1.34%
GM B -1.2%
BMY B -1.17%
ORCL B -1.05%
NVS D -0.96%
BABA D -0.95%
PFE D -0.94%
QCOM F -0.9%
F C -0.89%
AVGO D -0.86%
LLY F -0.85%
VRTX F -0.84%
TM D -0.74%
IBM C -0.71%
ABBV D -0.68%
TSLA B -0.67%
SONY B -0.66%
STLA F -0.66%
CRM B -0.66%
HMC F -0.65%
GILD C -0.64%
AMD F -0.57%
AMGN D -0.47%
ADBE C -0.39%
BIDU F -0.39%
SQ B -0.39%
MU D -0.38%
BA F -0.36%
NFLX A -0.35%
TEAM A -0.34%
PYPL B -0.34%
UBER D -0.31%
AMAT F -0.3%
ABT B -0.3%
EA A -0.3%
INTU C -0.3%
RTX C -0.3%
REGN F -0.29%
INCY C -0.29%
WDAY B -0.28%
MRNA F -0.27%
HPE B -0.27%
TCOM B -0.27%
NOW A -0.26%
CAT B -0.24%
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%
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%
EXPE B -0.18%
GE D -0.18%
LRCX F -0.18%
RIVN F -0.17%
BSX B -0.17%
ADSK A -0.17%
CDNS B -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%
SYK C -0.15%
ILMN D -0.14%
DASH A -0.14%
DHR F -0.14%
TMO F -0.12%
GLW B -0.12%
BDX F -0.12%
DDOG A -0.12%
NOC D -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%
KLAC D -0.11%
ALNY D -0.1%
APTV D -0.1%
MCHP D -0.09%
LCID F -0.07%
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