LRND vs. MGK ETF Comparison

Comparison of IQ U.S. Large Cap R&D Leaders ETF (LRND) to Vanguard Mega Cap Growth ETF (MGK)

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 ^*

99

* may have additional holdings in another (foreign) market

MGK

Vanguard Mega Cap Growth ETF

MGK Description

The investment seeks to track the performance of a benchmark index. The fund employs an indexing investment approach designed to track the performance of the CRSP US Mega Cap Growth Index, which represents the growth companies of the CRSP US Mega Cap Index. The index is a free-float-adjusted, market-capitalization-weighted index designed to measure equity market performance of mega-capitalization growth stocks. It attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.

Grade (RS Rating)

Last Trade

$335.89

Average Daily Volume

316,899

Number of Holdings ^*

71

* may have additional holdings in another (foreign) market

Performance

Period	LRND	MGK
30 Days	2.07%	3.49%
60 Days	2.22%	5.11%
90 Days	4.29%	6.21%
12 Months	28.44%	34.37%

35 Overlapping Holdings

	Symbol	Grade	Weight in LRND	Weight in MGK	Overlap
	AAPL	C	5.93%	13.36%	5.93%
	ABNB	C	0.36%	0.34%	0.34%
	ACN	C	0.26%	0.58%	0.26%
	ADBE	C	0.7%	1.02%	0.7%
	ADSK	A	0.3%	0.38%	0.3%
	AMAT	F	0.54%	0.75%	0.54%
	AMD	F	1.05%	1.12%	1.05%
	AMZN	C	8.83%	6.82%	6.82%
	AVGO	D	1.58%	1.83%	1.58%
	BA	F	0.66%	0.6%	0.6%
	BSX	B	0.3%	0.65%	0.3%
	CDNS	B	0.31%	0.44%	0.31%
	CRM	B	1.2%	1.29%	1.2%
	EW	C	0.22%	0.19%	0.19%
	GOOGL	C	8.96%	2.8%	2.8%
	INTU	C	0.56%	0.81%	0.56%
	ISRG	A	0.23%	0.89%	0.23%
	KLAC	D	0.2%	0.48%	0.2%
	LLY	F	1.55%	3.19%	1.55%
	LRCX	F	0.34%	0.53%	0.34%
	META	D	6.33%	4.92%	4.92%
	MRVL	B	0.44%	0.27%	0.27%
	MSFT	F	5.41%	12.35%	5.41%
	NFLX	A	0.64%	1.53%	0.64%
	NOW	A	0.49%	0.94%	0.49%
	NVDA	C	2.45%	12.52%	2.45%
	PANW	C	0.39%	0.62%	0.39%
	SNOW	C	0.34%	0.19%	0.19%
	SNPS	B	0.4%	0.45%	0.4%
	SYK	C	0.28%	0.37%	0.28%
	TSLA	B	1.22%	3.07%	1.22%
	TXN	C	0.37%	0.92%	0.37%
	UBER	D	0.56%	0.73%	0.56%
	VRTX	F	1.54%	0.64%	0.64%
	WDAY	B	0.51%	0.32%	0.32%

LRND Overweight 64 Positions Relative to MGK

	Symbol	Grade	Weight
	INTC	D	3.6%
	MRK	F	2.9%
	JNJ	D	2.7%
	GM	B	2.19%
	BMY	B	2.13%
	ORCL	B	1.91%
	PFE	D	1.72%
	CSCO	B	1.69%
	QCOM	F	1.63%
	F	C	1.62%
	IBM	C	1.3%
	ABBV	D	1.24%
	GILD	C	1.17%
	AMGN	D	0.85%
	SQ	B	0.72%
	MU	D	0.69%
	PYPL	B	0.63%
	DELL	C	0.63%
	TEAM	A	0.61%
	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%
	HPE	B	0.5%
	CAT	B	0.43%
	DE	A	0.43%
	SPOT	B	0.4%
	PG	A	0.38%
	WDC	D	0.35%
	CMI	A	0.34%
	HPQ	B	0.34%
	EXPE	B	0.33%
	GE	D	0.33%
	HON	B	0.32%
	BIIB	F	0.31%
	RIVN	F	0.3%
	EBAY	D	0.29%
	RBLX	C	0.29%
	MMM	D	0.29%
	LMT	D	0.27%
	ADI	D	0.27%
	DHR	F	0.26%
	DASH	A	0.26%
	CTVA	C	0.26%
	ILMN	D	0.25%
	EXEL	B	0.25%
	GEHC	F	0.23%
	DDOG	A	0.22%
	PINS	D	0.21%
	TMO	F	0.21%
	GLW	B	0.21%
	NOC	D	0.21%
	BDX	F	0.21%
	CNH	C	0.2%
	JNPR	F	0.2%
	APTV	D	0.19%
	NTAP	C	0.19%
	ALNY	D	0.18%
	U	C	0.17%
	MCHP	D	0.17%
	LCID	F	0.12%

LRND Underweight 36 Positions Relative to MGK

	Symbol	Grade	Weight
	GOOG	C	-2.29%
	V	A	-2.22%
	MA	C	-1.91%
	COST	B	-1.79%
	MCD	D	-1.02%
	BKNG	A	-0.81%
	SPGI	C	-0.77%
	TJX	A	-0.66%
	SBUX	A	-0.59%
	LIN	D	-0.58%
	TMUS	B	-0.57%
	ANET	C	-0.53%
	AMT	D	-0.53%
	EQIX	A	-0.49%
	DIS	B	-0.49%
	SHW	A	-0.46%
	CMG	B	-0.44%
	ZTS	D	-0.42%
	ORLY	B	-0.4%
	MCO	B	-0.4%
	CRWD	B	-0.4%
	BX	A	-0.38%
	ECL	D	-0.38%
	MAR	B	-0.37%
	ADP	B	-0.37%
	NKE	D	-0.3%
	ROST	C	-0.3%
	AON	A	-0.28%
	MNST	C	-0.27%
	HLT	A	-0.24%
	AZO	C	-0.22%
	GEV	B	-0.22%
	SLB	C	-0.22%
	PAYX	C	-0.21%
	FTNT	C	-0.21%
	EL	F	-0.1%

LRND: Top Represented Industries & Keywords

Industries: Software - Application Drug Manufacturers - Major Semiconductors Biotechnology Auto Manufacturers Medical Devices Aerospace & Defense Internet Content & Information Communication Equipment Diagnostics & Research Diversified Industrials Farm & Construction Equipment Semiconductor Equipment & Materials Computer Systems Data Storage Information Technology Services Internet Content & Information Medical Instruments & Supplies Software - Infrastructure Specialty Retail

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Medicine Work From Home Cloud Computing Integrated Circuits Mobile Devices Semiconductor Biotechnology Electronics Operating System Software Pharmaceutical Products Biopharmaceutical Cloud Infrastructure Hypertension Infection Inflammation

MGK: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Internet Content & Information Medical Devices Restaurants Semiconductor Equipment & Materials Specialty Chemicals Specialty Retail Apparel Stores Business Services Capital Markets Credit Services Lodging Media - Diversified Software - Infrastructure Telecom Services Aerospace & Defense Asset Management Auto Manufacturers Beverages - Soft Drinks

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Work From Home Smartphones Integrated Circuits Mobile Devices Semiconductor Cloud Computing Electronics Software Ethernet Hyperscale IBD 50 Operating System Telecommunications Medicine Retailing Software As A Service