LRND vs. IQQQ ETF Comparison

Comparison of IQ U.S. Large Cap R&D Leaders ETF (LRND) to ProShares Nasdaq-100 High Income ETF (IQQQ)

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

$32.94

Average Daily Volume

596

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IQQQ

ProShares Nasdaq-100 High Income ETF

IQQQ Description

The index is designed to replicate the performance of an investment strategy that combines a long position in the Nasdaq-100 Index with a short position in Nasdaq-100 Index call options. Under normal circumstances, the fund will invest at least 80% of its total assets in component securities of the index or in instruments with similar economic characteristics. The fund is non-diversified. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$41.69

Average Daily Volume

63,525

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	LRND	IQQQ
30 Days	-0.19%	0.73%
60 Days	0.98%	1.99%
90 Days	6.69%	8.10%
12 Months	34.23%

44 Overlapping Holdings

Symbol	Grade	Weight in LRND	Weight in IQQQ	Overlap
AAPL	C	6.05%	8.05%	6.05%
ABNB	C	0.36%	0.35%	0.35%
ADBE	F	0.68%	1.25%	0.68%
ADI	C	0.3%	0.67%	0.3%
ADSK	B	0.29%	0.36%	0.29%
AMAT	F	0.58%	0.9%	0.58%
AMD	F	1.16%	1.52%	1.16%
AMGN	C	0.97%	1.0%	0.97%
AMZN	B	8.23%	4.49%	4.49%
AVGO	B	1.64%	4.67%	1.64%
BIIB	F	0.36%	0.16%	0.16%
CDNS	C	0.27%	0.41%	0.27%
CSCO	B	1.66%	1.31%	1.31%
DASH	A	0.23%	0.35%	0.23%
DDOG	B	0.22%	0.23%	0.22%
EA	A	0.49%	0.22%	0.22%
GEHC	D	0.24%	0.23%	0.23%
GILD	A	1.18%	0.65%	0.65%
GOOGL	A	8.38%	2.22%	2.22%
HON	C	0.29%	0.78%	0.29%
ILMN	B	0.27%	0.13%	0.13%
INTC	D	3.26%	0.57%	0.57%
INTU	D	0.5%	1.0%	0.5%
ISRG	B	0.22%	1.06%	0.22%
KLAC	F	0.21%	0.53%	0.21%
LRCX	F	0.37%	0.57%	0.37%
MCHP	F	0.2%	0.24%	0.2%
META	B	6.54%	4.56%	4.56%
MRNA	F	0.67%	0.12%	0.12%
MRVL	B	0.41%	0.42%	0.41%
MSFT	D	5.58%	7.19%	5.58%
MU	C	0.76%	0.69%	0.69%
NFLX	A	0.57%	1.88%	0.57%
NVDA	B	2.47%	7.82%	2.47%
PANW	B	0.37%	0.69%	0.37%
PYPL	B	0.61%	0.5%	0.5%
QCOM	D	1.68%	1.12%	1.12%
REGN	F	0.67%	0.59%	0.59%
SNPS	B	0.38%	0.45%	0.38%
TEAM	B	0.49%	0.18%	0.18%
TSLA	A	0.95%	2.88%	0.95%
TXN	B	0.38%	1.1%	0.38%
VRTX	A	1.56%	0.72%	0.72%
WDAY	F	0.47%	0.29%	0.29%

LRND Overweight 55 Positions Relative to IQQQ

Symbol	Grade	Weight
MRK	F	3.21%
JNJ	D	2.88%
GM	B	2.06%
BMY	A	2.0%
PFE	D	2.0%
LLY	D	1.92%
ORCL	B	1.81%
F	D	1.64%
ABBV	A	1.43%
IBM	C	1.37%
CRM	B	1.08%
BA	F	0.72%
UBER	C	0.64%
SQ	B	0.58%
RTX	C	0.58%
DELL	A	0.57%
MDT	B	0.54%
ABT	C	0.54%
NOW	B	0.47%
HPE	B	0.46%
INCY	A	0.46%
CAT	B	0.44%
DE	B	0.44%
PG	D	0.38%
WDC	D	0.37%
HPQ	C	0.34%
GE	C	0.34%
SPOT	A	0.33%
CMI	B	0.32%
RIVN	F	0.32%
SNOW	C	0.31%
EXPE	B	0.3%
EBAY	D	0.3%
LMT	D	0.29%
BSX	B	0.29%
MMM	D	0.29%
DHR	F	0.28%
CTVA	A	0.28%
ACN	C	0.27%
SYK	C	0.26%
RBLX	A	0.24%
APTV	F	0.24%
PINS	C	0.23%
BDX	D	0.23%
TMO	F	0.23%
NOC	D	0.23%
JNPR	A	0.22%
ALNY	C	0.22%
EW	D	0.22%
EXEL	A	0.21%
GLW	A	0.21%
NTAP	D	0.2%
CNH	A	0.2%
U	C	0.19%
LCID	F	0.14%

LRND Underweight 57 Positions Relative to IQQQ

Symbol	Grade	Weight
COST	D	-2.32%
GOOG	A	-2.13%
TMUS	B	-1.56%
PEP	D	-1.37%
LIN	C	-1.33%
CMCSA	A	-0.95%
BKNG	A	-0.86%
ADP	A	-0.68%
SBUX	A	-0.65%
MELI	C	-0.61%
MDLZ	D	-0.54%
CEG	B	-0.49%
PDD	C	-0.49%
CTAS	B	-0.49%
MAR	A	-0.43%
ORLY	C	-0.41%
CRWD	C	-0.41%
ASML	F	-0.39%
CSX	D	-0.38%
NXPI	D	-0.37%
FTNT	B	-0.36%
ROP	D	-0.34%
PCAR	C	-0.33%
FANG	F	-0.31%
AEP	D	-0.31%
TTD	A	-0.31%
PAYX	B	-0.3%
MNST	C	-0.3%
CPRT	D	-0.29%
CHTR	D	-0.28%
ROST	F	-0.28%
KDP	F	-0.27%
FAST	A	-0.26%
AZN	F	-0.26%
KHC	D	-0.25%
ODFL	A	-0.25%
EXC	C	-0.24%
IDXX	F	-0.22%
BKR	A	-0.22%
CTSH	D	-0.22%
VRSK	B	-0.22%
CCEP	D	-0.21%
XEL	A	-0.21%
LULU	C	-0.21%
CSGP	F	-0.18%
ON	D	-0.18%
ANSS	C	-0.17%
TTWO	A	-0.17%
ZS	C	-0.17%
DXCM	C	-0.17%
CDW	F	-0.17%
SMCI	F	-0.16%
GFS	F	-0.13%
MDB	F	-0.12%
WBD	C	-0.11%
ARM	B	-0.11%
DLTR	F	-0.08%