LRND vs. NXTG ETF Comparison

Comparison of IQ U.S. Large Cap R&D Leaders ETF (LRND) to First Trust IndXX NextG ETF (NXTG)

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

NXTG

First Trust IndXX NextG ETF

NXTG 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 Indxx 5G & NextG Thematic Index. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index. The index is designed to track the performance of companies that have devoted, or have committed to devote, material resources to the research, development and application of fifth generation ("5G") and next generation digital cellular technologies as they emerge.

Grade (RS Rating)

Last Trade

$85.15

Average Daily Volume

5,793

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	LRND	NXTG
30 Days	2.07%	-1.58%
60 Days	2.22%	-1.77%
90 Days	4.29%	-0.28%
12 Months	28.44%	20.73%

14 Overlapping Holdings

Symbol	Grade	Weight in LRND	Weight in NXTG	Overlap
AAPL	C	5.93%	1.29%	1.29%
ADI	D	0.27%	1.07%	0.27%
AMD	F	1.05%	1.04%	1.04%
AVGO	D	1.58%	1.37%	1.37%
CSCO	B	1.69%	1.53%	1.53%
HPE	B	0.5%	1.23%	0.5%
IBM	C	1.3%	1.49%	1.3%
INTC	D	3.6%	0.98%	0.98%
JNPR	F	0.2%	1.3%	0.2%
MCHP	D	0.17%	0.84%	0.17%
MRVL	B	0.44%	1.49%	0.44%
MU	D	0.69%	0.85%	0.69%
NVDA	C	2.45%	1.41%	1.41%
QCOM	F	1.63%	0.92%	0.92%

LRND Overweight 85 Positions Relative to NXTG

Symbol	Grade	Weight
GOOGL	C	8.96%
AMZN	C	8.83%
META	D	6.33%
MSFT	F	5.41%
MRK	F	2.9%
JNJ	D	2.7%
GM	B	2.19%
BMY	B	2.13%
ORCL	B	1.91%
PFE	D	1.72%
F	C	1.62%
LLY	F	1.55%
VRTX	F	1.54%
ABBV	D	1.24%
TSLA	B	1.22%
CRM	B	1.2%
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%
DELL	C	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%
AMAT	F	0.54%
ABT	B	0.54%
MDT	D	0.52%
WDAY	B	0.51%
MRNA	F	0.5%
NOW	A	0.49%
CAT	B	0.43%
DE	A	0.43%
SPOT	B	0.4%
SNPS	B	0.4%
PANW	C	0.39%
PG	A	0.38%
TXN	C	0.37%
ABNB	C	0.36%
WDC	D	0.35%
LRCX	F	0.34%
SNOW	C	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%
CDNS	B	0.31%
RIVN	F	0.3%
BSX	B	0.3%
ADSK	A	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%
DASH	A	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%
DDOG	A	0.22%
EW	C	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%
KLAC	D	0.2%
APTV	D	0.19%
NTAP	C	0.19%
ALNY	D	0.18%
U	C	0.17%
LCID	F	0.12%

LRND Underweight 27 Positions Relative to NXTG

Symbol	Grade	Weight
FFIV	B	-1.74%
CIEN	B	-1.72%
MSI	B	-1.57%
ANET	C	-1.49%
WIT	A	-1.47%
INFY	B	-1.47%
DLR	B	-1.44%
NOK	D	-1.42%
EQIX	A	-1.42%
DOX	D	-1.35%
KEYS	A	-1.34%
SBAC	D	-1.34%
SONY	B	-1.32%
TSM	B	-1.31%
CCI	D	-1.24%
AMT	D	-1.21%
SWKS	F	-0.99%
UMC	F	-0.98%
NXPI	D	-0.95%
TMUS	B	-0.73%
QRVO	F	-0.73%
T	A	-0.68%
KT	A	-0.61%
SKM	D	-0.58%
VIV	F	-0.58%
VZ	C	-0.55%
CHT	D	-0.51%