LRND vs. FXL ETF Comparison

Comparison of IQ U.S. Large Cap R&D Leaders ETF (LRND) to First Trust Technology AlphaDEX (FXL)

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

$33.89

Average Daily Volume

416

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FXL

First Trust Technology AlphaDEX

FXL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Technology Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the technology sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$154.02

Average Daily Volume

17,257

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

Performance

Period	LRND	FXL
30 Days	2.07%	10.22%
60 Days	2.22%	12.16%
90 Days	4.29%	12.82%
12 Months	28.44%	31.26%

30 Overlapping Holdings

Symbol	Grade	Weight in LRND	Weight in FXL	Overlap
AAPL	C	5.93%	0.91%	0.91%
ADI	D	0.27%	0.27%	0.27%
ADSK	A	0.3%	0.66%	0.3%
AMAT	F	0.54%	0.86%	0.54%
AMD	F	1.05%	0.25%	0.25%
AVGO	D	1.58%	1.17%	1.17%
CRM	B	1.2%	0.72%	0.72%
DASH	A	0.26%	1.89%	0.26%
DDOG	A	0.22%	0.34%	0.22%
DELL	C	0.63%	1.06%	0.63%
GLW	B	0.21%	0.31%	0.21%
GOOGL	C	8.96%	0.63%	0.63%
HPE	B	0.5%	1.62%	0.5%
HPQ	B	0.34%	1.21%	0.34%
IBM	C	1.3%	0.56%	0.56%
INTC	D	3.6%	1.26%	1.26%
KLAC	D	0.2%	0.25%	0.2%
MCHP	D	0.17%	0.48%	0.17%
META	D	6.33%	1.57%	1.57%
MSFT	F	5.41%	0.29%	0.29%
MU	D	0.69%	0.28%	0.28%
NOW	A	0.49%	1.38%	0.49%
NTAP	C	0.19%	0.89%	0.19%
NVDA	C	2.45%	1.43%	1.43%
ORCL	B	1.91%	1.3%	1.3%
PANW	C	0.39%	1.08%	0.39%
QCOM	F	1.63%	0.9%	0.9%
TXN	C	0.37%	0.59%	0.37%
U	C	0.17%	0.49%	0.17%
WDAY	B	0.51%	0.33%	0.33%

LRND Overweight 69 Positions Relative to FXL

Symbol	Grade	Weight
AMZN	C	8.83%
MRK	F	2.9%
JNJ	D	2.7%
GM	B	2.19%
BMY	B	2.13%
PFE	D	1.72%
CSCO	B	1.69%
F	C	1.62%
LLY	F	1.55%
VRTX	F	1.54%
ABBV	D	1.24%
TSLA	B	1.22%
GILD	C	1.17%
AMGN	D	0.85%
SQ	B	0.72%
ADBE	C	0.7%
BA	F	0.66%
NFLX	A	0.64%
PYPL	B	0.63%
TEAM	A	0.61%
INTU	C	0.56%
UBER	D	0.56%
REGN	F	0.55%
RTX	C	0.55%
EA	A	0.55%
INCY	C	0.54%
ABT	B	0.54%
MDT	D	0.52%
MRNA	F	0.5%
MRVL	B	0.44%
CAT	B	0.43%
DE	A	0.43%
SPOT	B	0.4%
SNPS	B	0.4%
PG	A	0.38%
ABNB	C	0.36%
WDC	D	0.35%
LRCX	F	0.34%
SNOW	C	0.34%
CMI	A	0.34%
EXPE	B	0.33%
GE	D	0.33%
HON	B	0.32%
BIIB	F	0.31%
CDNS	B	0.31%
RIVN	F	0.3%
BSX	B	0.3%
EBAY	D	0.29%
RBLX	C	0.29%
MMM	D	0.29%
SYK	C	0.28%
LMT	D	0.27%
DHR	F	0.26%
ACN	C	0.26%
CTVA	C	0.26%
ILMN	D	0.25%
EXEL	B	0.25%
ISRG	A	0.23%
GEHC	F	0.23%
EW	C	0.22%
PINS	D	0.21%
TMO	F	0.21%
NOC	D	0.21%
BDX	F	0.21%
CNH	C	0.2%
JNPR	F	0.2%
APTV	D	0.19%
ALNY	D	0.18%
LCID	F	0.12%

LRND Underweight 72 Positions Relative to FXL

Symbol	Grade	Weight
APP	B	-3.39%
PLTR	B	-2.47%
TOST	B	-2.22%
VRT	B	-1.89%
PEGA	A	-1.88%
GWRE	A	-1.66%
GFS	C	-1.65%
CTSH	B	-1.63%
DXC	B	-1.62%
PAYC	B	-1.6%
SMAR	A	-1.57%
IPGP	D	-1.57%
DOCU	A	-1.53%
AVT	C	-1.52%
ON	D	-1.44%
FTNT	C	-1.44%
GDDY	A	-1.4%
ZM	B	-1.4%
TWLO	A	-1.39%
ARW	D	-1.35%
AMKR	D	-1.32%
SWKS	F	-1.32%
JBL	B	-1.28%
DNB	B	-1.27%
TYL	B	-1.25%
CNXC	F	-1.21%
DT	C	-1.19%
MANH	D	-1.18%
DOX	D	-1.16%
EPAM	C	-1.15%
MSTR	C	-1.15%
SNX	C	-1.14%
NTNX	A	-1.12%
RNG	B	-1.08%
S	B	-1.07%
AKAM	D	-1.04%
FFIV	B	-1.03%
DBX	B	-1.01%
IT	C	-0.99%
CRUS	D	-0.97%
SSNC	B	-0.93%
HCP	B	-0.93%
CACI	D	-0.91%
DLB	B	-0.89%
SAIC	F	-0.84%
MTCH	D	-0.77%
MPWR	F	-0.74%
DAY	B	-0.74%
DV	C	-0.71%
GLOB	B	-0.68%
APH	A	-0.66%
ROP	B	-0.6%
LSCC	D	-0.57%
VRSN	F	-0.57%
KBR	F	-0.55%
IAC	D	-0.52%
OLED	D	-0.47%
ONTO	D	-0.47%
TER	D	-0.47%
PYCR	C	-0.36%
CRWD	B	-0.36%
KD	B	-0.36%
GTLB	B	-0.35%
NET	B	-0.34%
ANSS	B	-0.32%
GEN	B	-0.32%
INFA	D	-0.3%
APPF	B	-0.29%
PSTG	D	-0.29%
SMCI	F	-0.26%
ALGM	D	-0.25%
CDW	F	-0.24%

FXL: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Information Technology Services Internet Content & Information Semiconductor Equipment & Materials Computer Systems Data Storage Electronic Components Telecom Services Business Services Communication Equipment Computer Hardware Conglomerates Consumer Electronics Contract Manufacturers Diversified Industrials Electronics & Computer Distribution Electronics Distribution Engineering & Construction