LRND vs. MMLG ETF Comparison

Comparison of IQ U.S. Large Cap R&D Leaders ETF (LRND) to First Trust Multi-Manager Large Growth ETF (MMLG)

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

MMLG

First Trust Multi-Manager Large Growth ETF

MMLG Description

The investment seeks to provide long-term capital appreciation. Under normal market conditions, the fund will invest at least 80% of its net assets in equity securities issued by large capitalization companies. Its portfolio will be principally composed of common stocks issued by companies domiciled in the United States, common stocks issued by non-U.S. companies that are principally traded in the United States and ADR. The fund utilizes a multi-manager approach to provide exposure to the large capitalization growth segment of the equity market through the blending of multiple portfolio management teams. It is non-diversified.

Grade (RS Rating)

Last Trade

$30.47

Average Daily Volume

12,050

Number of Holdings ^*

77

* may have additional holdings in another (foreign) market

Performance

Period	LRND	MMLG
30 Days	2.07%	5.74%
60 Days	2.22%	7.34%
90 Days	4.29%	8.66%
12 Months	28.44%	35.13%

35 Overlapping Holdings

	Symbol	Grade	Weight in LRND	Weight in MMLG	Overlap
	AAPL	C	5.93%	4.51%	4.51%
	ABNB	C	0.36%	0.31%	0.31%
	ADBE	C	0.7%	0.67%	0.67%
	AMD	F	1.05%	0.29%	0.29%
	AMZN	C	8.83%	6.71%	6.71%
	AVGO	D	1.58%	2.05%	1.58%
	BSX	B	0.3%	0.42%	0.3%
	CDNS	B	0.31%	0.53%	0.31%
	CRM	B	1.2%	0.91%	0.91%
	DASH	A	0.26%	1.84%	0.26%
	DDOG	A	0.22%	2.02%	0.22%
	EW	C	0.22%	0.28%	0.22%
	GOOGL	C	8.96%	2.23%	2.23%
	INTU	C	0.56%	0.77%	0.56%
	KLAC	D	0.2%	0.57%	0.2%
	LLY	F	1.55%	1.46%	1.46%
	META	D	6.33%	4.51%	4.51%
	MRK	F	2.9%	0.63%	0.63%
	MSFT	F	5.41%	6.79%	5.41%
	NFLX	A	0.64%	2.61%	0.64%
	NOW	A	0.49%	3.95%	0.49%
	NVDA	C	2.45%	10.19%	2.45%
	PANW	C	0.39%	0.43%	0.39%
	PINS	D	0.21%	0.21%	0.21%
	QCOM	F	1.63%	0.61%	0.61%
	RBLX	C	0.29%	0.8%	0.29%
	SNOW	C	0.34%	0.64%	0.34%
	SPOT	B	0.4%	1.84%	0.4%
	SQ	B	0.72%	1.65%	0.72%
	TEAM	A	0.61%	2.16%	0.61%
	TSLA	B	1.22%	0.84%	0.84%
	TXN	C	0.37%	0.29%	0.29%
	UBER	D	0.56%	1.9%	0.56%
	VRTX	F	1.54%	0.43%	0.43%
	WDAY	B	0.51%	0.45%	0.45%

LRND Overweight 64 Positions Relative to MMLG

	Symbol	Grade	Weight
	INTC	D	3.6%
	JNJ	D	2.7%
	GM	B	2.19%
	BMY	B	2.13%
	ORCL	B	1.91%
	PFE	D	1.72%
	CSCO	B	1.69%
	F	C	1.62%
	IBM	C	1.3%
	ABBV	D	1.24%
	GILD	C	1.17%
	AMGN	D	0.85%
	MU	D	0.69%
	BA	F	0.66%
	PYPL	B	0.63%
	DELL	C	0.63%
	REGN	F	0.55%
	RTX	C	0.55%
	EA	A	0.55%
	INCY	C	0.54%
	AMAT	F	0.54%
	ABT	B	0.54%
	MDT	D	0.52%
	MRNA	F	0.5%
	HPE	B	0.5%
	MRVL	B	0.44%
	CAT	B	0.43%
	DE	A	0.43%
	SNPS	B	0.4%
	PG	A	0.38%
	WDC	D	0.35%
	LRCX	F	0.34%
	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%
	ADSK	A	0.3%
	EBAY	D	0.29%
	MMM	D	0.29%
	SYK	C	0.28%
	LMT	D	0.27%
	ADI	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%
	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 42 Positions Relative to MMLG

	Symbol	Grade	Weight
	SHOP	B	-2.74%
	SE	B	-1.84%
	NU	C	-1.82%
	DXCM	D	-1.66%
	ICE	C	-1.47%
	MA	C	-1.46%
	IOT	A	-1.36%
	ASML	F	-1.28%
	NET	B	-1.27%
	ENTG	D	-1.1%
	V	A	-1.09%
	OKTA	C	-1.06%
	RARE	D	-0.84%
	CMG	B	-0.75%
	ORLY	B	-0.63%
	LYV	A	-0.61%
	VEEV	C	-0.6%
	SHW	A	-0.56%
	IT	C	-0.54%
	IR	B	-0.51%
	UNH	C	-0.48%
	ANET	C	-0.47%
	AXP	A	-0.47%
	ARES	A	-0.42%
	CDW	F	-0.41%
	EQIX	A	-0.41%
	PTC	A	-0.4%
	SPGI	C	-0.4%
	KKR	A	-0.39%
	BLDR	D	-0.38%
	COHR	B	-0.37%
	MDB	C	-0.37%
	MNST	C	-0.36%
	NKE	D	-0.33%
	APH	A	-0.31%
	ACGL	D	-0.31%
	NDSN	B	-0.31%
	EL	F	-0.29%
	HUBS	A	-0.28%
	DKNG	B	-0.27%
	FANG	D	-0.18%
	VST	B	-0.12%

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

MMLG: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Internet Content & Information Credit Services Semiconductor Equipment & Materials Software - Infrastructure Asset Management Biotechnology Diversified Industrials Drug Manufacturers - Major Information Technology Services Internet Content & Information Media - Diversified Medical Devices Specialty Retail Auto Manufacturers Banks - Diversified Beverages - Soft Drinks Building Materials Capital Markets

Keywords: S&P 500 Nasdaq 100 Computing Dow Jones Component Cloud Computing Mobile Devices Software As A Service Work From Home Semiconductor Software Integrated Circuits Operating System Payment Systems Cloud Infrastructure Electronics IBD 50 Smartphones Digital Media E Commerce Hyperscale