LRND vs. FTEC ETF Comparison

Comparison of IQ U.S. Large Cap R&D Leaders ETF (LRND) to Fidelity MSCI Information Technology Index ETF (FTEC)
LRND

IQ U.S. Large Cap R&D Leaders ETF

LRND Description

IQ U.S. Large Cap 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 the United States. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of large-cap companies. The fund seeks to track the performance of the IQ U.S. Large Cap R&D Leaders Index, by using full replication technique. IQ U.S. Large Cap R&D Leaders ETF was formed on December 14, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.23

Average Daily Volume

605

Number of Holdings *

99

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

Fidelity MSCI Information Technology Index ETF

FTEC Description The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Information Technology Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Information Technology Index, which represents the performance of the information technology sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Information Technology Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$173.97

Average Daily Volume

238,735

Number of Holdings *

281

* may have additional holdings in another (foreign) market
Performance
Period LRND FTEC
30 Days 4.62% 7.14%
60 Days 11.05% 13.61%
90 Days -0.96% -1.66%
12 Months 33.73% 42.10%
39 Overlapping Holdings
Symbol Grade Weight in LRND Weight in FTEC Overlap
AAPL C 6.57% 15.85% 6.57%
ACN B 0.29% 1.45% 0.29%
ADBE F 0.69% 1.55% 0.69%
ADI B 0.3% 0.78% 0.3%
ADSK B 0.3% 0.43% 0.3%
AMAT C 0.51% 1.15% 0.51%
AMD C 1.17% 1.74% 1.17%
AVGO B 1.49% 4.62% 1.49%
CDNS D 0.24% 0.52% 0.24%
CRM B 1.09% 1.79% 1.09%
CSCO A 1.68% 1.42% 1.42%
DDOG B 0.19% 0.26% 0.19%
DELL C 0.44% 0.28% 0.28%
GLW C 0.23% 0.29% 0.23%
HPE B 0.44% 0.23% 0.23%
HPQ B 0.3% 0.28% 0.28%
IBM A 1.71% 1.32% 1.32%
INTC D 2.37% 0.7% 0.7%
INTU F 0.51% 1.15% 0.51%
JNPR C 0.24% 0.14% 0.14%
KLAC B 0.22% 0.73% 0.22%
LRCX D 0.27% 0.74% 0.27%
MCHP F 0.18% 0.33% 0.18%
MRVL C 0.36% 0.44% 0.36%
MSFT D 5.2% 14.02% 5.2%
MU D 0.45% 0.8% 0.45%
NOW B 0.51% 1.19% 0.51%
NTAP D 0.19% 0.21% 0.19%
NVDA B 1.76% 14.04% 1.76%
ORCL A 2.07% 1.81% 1.81%
PANW B 0.36% 0.73% 0.36%
QCOM D 1.34% 1.25% 1.25%
SNOW F 0.24% 0.27% 0.24%
SNPS F 0.33% 0.54% 0.33%
TEAM D 0.38% 0.22% 0.22%
TXN C 0.38% 1.25% 0.38%
U D 0.29% 0.12% 0.12%
WDAY D 0.54% 0.38% 0.38%
WDC C 0.32% 0.21% 0.21%
LRND Overweight 60 Positions Relative to FTEC
Symbol Grade Weight
AMZN C 8.25%
GOOGL B 8.06%
META A 6.84%
MRK F 4.25%
JNJ D 3.21%
BMY A 2.28%
PFE D 2.13%
LLY D 1.9%
GM D 1.79%
ABBV C 1.63%
F D 1.41%
GILD A 1.33%
TSLA C 1.2%
AMGN D 1.02%
REGN D 0.79%
PYPL A 0.74%
UBER C 0.66%
VRTX D 0.66%
RTX A 0.63%
MDT C 0.58%
BA F 0.58%
SQ D 0.57%
ABT C 0.57%
NFLX A 0.54%
CAT A 0.5%
EA D 0.48%
DE C 0.48%
MMM C 0.46%
GE B 0.44%
MRNA F 0.41%
PG D 0.4%
SPOT C 0.38%
RIVN F 0.38%
LMT A 0.36%
EBAY A 0.36%
BIIB F 0.35%
DHR D 0.34%
CMI A 0.34%
ALNY C 0.33%
INCY B 0.33%
RBLX D 0.32%
EXPE B 0.31%
ILMN B 0.31%
BSX A 0.3%
GEHC C 0.29%
CTVA A 0.29%
ABNB D 0.29%
NOC B 0.28%
TMO D 0.28%
SYK C 0.27%
HON C 0.27%
LCID F 0.27%
DASH A 0.25%
APTV D 0.24%
BDX C 0.23%
ISRG C 0.23%
EXEL B 0.23%
CNH C 0.22%
EW F 0.15%
PINS D 0.15%
LRND Underweight 242 Positions Relative to FTEC
Symbol Grade Weight
ANET A -0.69%
APH D -0.54%
PLTR A -0.53%
MSI A -0.52%
CRWD D -0.47%
NXPI F -0.45%
ROP D -0.43%
FTNT A -0.37%
FICO C -0.36%
TEL D -0.35%
MPWR B -0.34%
IT A -0.31%
CTSH B -0.3%
ON F -0.26%
APP A -0.26%
CDW D -0.25%
MSTR B -0.25%
ANSS D -0.24%
KEYS B -0.24%
HUBS D -0.23%
FSLR C -0.23%
NET D -0.21%
TYL D -0.21%
GDDY B -0.2%
PTC B -0.2%
STX C -0.2%
MDB D -0.19%
TDY A -0.19%
TER C -0.19%
SMCI F -0.18%
ZM B -0.18%
ZBRA B -0.18%
ENTG D -0.17%
VRSN C -0.17%
MANH A -0.17%
SWKS F -0.16%
COHR B -0.16%
JBL C -0.16%
AKAM D -0.16%
ENPH F -0.16%
DT B -0.16%
NTNX C -0.16%
TRMB B -0.16%
GWRE A -0.16%
GEN A -0.16%
DOCU A -0.15%
FFIV B -0.15%
FLEX B -0.15%
ZS F -0.15%
PSTG F -0.14%
OLED B -0.13%
CIEN A -0.13%
ONTO B -0.13%
TWLO B -0.13%
EPAM F -0.13%
IOT C -0.13%
SMAR A -0.12%
LSCC D -0.12%
PI A -0.12%
ZETA B -0.12%
QRVO F -0.12%
SNX C -0.12%
OKTA F -0.12%
MKSI F -0.11%
PCOR D -0.11%
MTSI B -0.11%
SPSC D -0.11%
BMI A -0.11%
CGNX F -0.11%
ARW C -0.11%
FN B -0.11%
AUR C -0.11%
BSY D -0.11%
KD D -0.1%
MARA F -0.1%
QLYS F -0.1%
APPF C -0.1%
QTWO B -0.1%
ACIW A -0.1%
BILL D -0.1%
LITE A -0.1%
BDC A -0.1%
ITRI C -0.1%
VRNS B -0.1%
PATH D -0.1%
NOVT C -0.1%
NSIT B -0.1%
BOX C -0.1%
ALTR B -0.1%
LFUS C -0.1%
S C -0.1%
GTLB D -0.1%
CVLT B -0.1%
DBX C -0.1%
RMBS F -0.09%
ESTC F -0.09%
BLKB C -0.09%
CFLT F -0.09%
AEIS B -0.09%
SANM D -0.09%
IDCC A -0.09%
WK D -0.09%
TENB D -0.09%
CRDO B -0.09%
DXC C -0.09%
CWAN B -0.09%
SLAB D -0.09%
ASGN D -0.09%
PLXS A -0.09%
AVT B -0.09%
HCP A -0.09%
DLB D -0.09%
VNT F -0.09%
CRUS D -0.09%
PEGA B -0.08%
SYNA F -0.08%
SITM A -0.08%
AMKR F -0.08%
FORM D -0.08%
ACLS F -0.08%
POWI F -0.08%
ALRM F -0.07%
AI D -0.07%
PLUS B -0.07%
AGYS D -0.07%
PRFT A -0.07%
FROG F -0.07%
NCNO F -0.07%
CXT F -0.07%
YOU C -0.07%
BL D -0.07%
PRGS A -0.07%
SQSP A -0.07%
ALGM F -0.07%
DIOD F -0.07%
TDC D -0.07%
SMTC C -0.07%
RIOT F -0.06%
CALX C -0.06%
RPD D -0.06%
RNG F -0.06%
OSIS C -0.06%
CLSK F -0.06%
DOCN B -0.06%
INTA C -0.06%
KLIC D -0.06%
DV F -0.06%
ROG D -0.05%
TTMI D -0.05%
VECO F -0.05%
VYX C -0.05%
BRZE F -0.05%
EXTR D -0.05%
FRSH F -0.05%
VERX B -0.05%
VIAV C -0.05%
MIR B -0.05%
FIVN F -0.05%
VSH F -0.05%
AMBA C -0.05%
IPGP D -0.05%
CTS B -0.04%
INFN C -0.04%
SPT F -0.04%
NSSC F -0.04%
NTCT C -0.04%
VRNT F -0.04%
PLAB D -0.04%
KN B -0.04%
HLIT D -0.04%
INFA D -0.04%
BHE C -0.04%
RAMP F -0.04%
RBRK D -0.04%
PD F -0.04%
UCTT D -0.04%
PAR D -0.04%
ALKT D -0.04%
DGII B -0.03%
ASAN F -0.03%
FSLY D -0.03%
ATEN B -0.03%
ICHR D -0.03%
APLD C -0.03%
SCSC D -0.03%
JAMF F -0.03%
SGH D -0.03%
APPN C -0.03%
ARLO F -0.03%
ENV C -0.03%
ZUO F -0.03%
MXL D -0.03%
WULF C -0.03%
COHU F -0.03%
XRX D -0.03%
WOLF F -0.03%
SEDG F -0.03%
SOUN F -0.03%
PWSC C -0.03%
BASE F -0.02%
DJCO C -0.02%
ETWO F -0.02%
SWI B -0.02%
HCKT D -0.02%
IBUY A -0.02%
INDI F -0.02%
YEXT B -0.02%
BLND C -0.02%
PRO F -0.02%
CIFR C -0.02%
BELFB A -0.02%
GDYN B -0.02%
AOSL D -0.02%
CXM F -0.02%
ACMR D -0.02%
NABL F -0.02%
CNXN C -0.02%
VSAT F -0.02%
PDFS F -0.02%
NNBR C -0.01%
RBBN C -0.01%
VPG F -0.01%
CRSR D -0.01%
LWLG F -0.01%
ENFN C -0.01%
MITK F -0.01%
BIGC F -0.01%
MEI D -0.01%
DMRC D -0.01%
WEAV B -0.01%
CLFD D -0.01%
SEMR C -0.01%
KE F -0.01%
MLNK F -0.01%
OLO F -0.01%
LASR F -0.01%
AAOI C -0.01%
TWKS C -0.01%
DAKT D -0.01%
OSPN D -0.01%
NTGR C -0.01%
CEVA B -0.01%
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