IWFG vs. RND ETF Comparison

Comparison of IQ MacKay Municipal Insured ETF (IWFG) to First Trust Bloomberg R&D Leaders ETF (RND)
IWFG

IQ MacKay Municipal Insured ETF

IWFG Description

The Fund seek long-term growth of capital by employing a bottom-up investment process while investing in companies that have the potential for above-average future earnings and cash flow growth. IWFG typically invests in a portfolio of 25-35 stocks, allocating 10-60% across each growth type. The fund invests in stocks of companies operating across diversified sectors. It invests in growth stocks of large-cap companies. IQ MacKay Municipal Insured ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$48.75

Average Daily Volume

137

Number of Holdings *

29

* may have additional holdings in another (foreign) market
RND

First Trust Bloomberg R&D Leaders ETF

RND Description Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the securities that comprise the index. According to the index provider, the index is designed to track the performance of companies that seek to return implicit value to shareholders by reinvesting in their own growth. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.24

Average Daily Volume

1,089

Number of Holdings *

49

* may have additional holdings in another (foreign) market
Performance
Period IWFG RND
30 Days 3.05% 4.00%
60 Days 5.77% 4.69%
90 Days 7.38% 6.80%
12 Months 40.12%
17 Overlapping Holdings
Symbol Grade Weight in IWFG Weight in RND Overlap
AAPL C 5.03% 7.56% 5.03%
ADBE C 2.35% 0.94% 0.94%
AMZN C 7.69% 8.36% 7.69%
AVGO D 4.86% 3.71% 3.71%
BKNG A 2.02% 2.51% 2.02%
ETN A 2.48% 2.12% 2.12%
INTU C 2.23% 0.79% 0.79%
ISRG A 2.74% 2.79% 2.74%
LRCX F 1.93% 0.39% 0.39%
META D 4.54% 3.75% 3.75%
MSFT F 11.57% 7.47% 7.47%
NFLX A 2.62% 4.63% 2.62%
NOW A 2.52% 0.88% 0.88%
NVDA C 7.83% 8.92% 7.83%
SNPS B 1.81% 0.35% 0.35%
UBER D 2.09% 2.06% 2.06%
WDAY B 1.62% 0.23% 0.23%
IWFG Overweight 12 Positions Relative to RND
Symbol Grade Weight
GOOG C 4.52%
TT A 3.49%
SPOT B 3.22%
MA C 3.21%
ADI D 3.09%
ORLY B 2.88%
KKR A 2.77%
MELI D 2.74%
CMG B 2.31%
APH A 2.26%
HLT A 1.57%
ASML F 1.48%
IWFG Underweight 32 Positions Relative to RND
Symbol Grade Weight
GOOGL C -8.17%
TSLA B -5.0%
LLY F -3.18%
CAT B -2.77%
BSX B -1.97%
VRTX F -1.77%
GILD C -1.63%
DE A -1.54%
BA F -1.31%
ORCL B -1.27%
REGN F -1.21%
ZTS D -1.1%
AMD F -0.96%
CARR D -0.92%
CSCO B -0.9%
DASH A -0.83%
TXN C -0.8%
TTD B -0.77%
CMI A -0.73%
MSCI C -0.67%
KVUE A -0.67%
AMAT F -0.61%
PANW C -0.53%
MU D -0.46%
ANET C -0.39%
MSI B -0.35%
CDNS B -0.34%
MRVL B -0.33%
CRWD B -0.33%
ADSK A -0.28%
FTNT C -0.25%
NXPI D -0.24%
Compare ETFs