LRND vs. REW ETF Comparison

Comparison of IQ U.S. Large Cap R&D Leaders ETF (LRND) to ProShares UltraShort Technology (REW)

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

REW

ProShares UltraShort Technology

REW Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. TechnologySM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the technology sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$10.26

Average Daily Volume

16,636

Number of Holdings ^*

88

* may have additional holdings in another (foreign) market

Performance

Period	LRND	REW
30 Days	2.07%	-4.57%
60 Days	2.22%	-9.33%
90 Days	4.29%	-8.88%
12 Months	28.44%	-39.43%

36 Overlapping Holdings

	Symbol	Grade	Weight in LRND	Weight in REW	Overlap
	AAPL	C	5.93%	18.06%	5.93%
	ADBE	C	0.7%	2.51%	0.7%
	ADI	D	0.27%	0.65%	0.27%
	ADSK	A	0.3%	0.63%	0.3%
	AMAT	F	0.54%	0.86%	0.54%
	AMD	F	1.05%	0.84%	0.84%
	AVGO	D	1.58%	1.82%	1.58%
	CDNS	B	0.31%	0.31%	0.31%
	CRM	B	1.2%	2.4%	1.2%
	CSCO	B	1.69%	3.09%	1.69%
	DELL	C	0.63%	0.12%	0.12%
	EBAY	D	0.29%	0.41%	0.29%
	GOOGL	C	8.96%	5.25%	5.25%
	HPE	B	0.5%	0.29%	0.29%
	HPQ	B	0.34%	0.48%	0.34%
	IBM	C	1.3%	1.82%	1.3%
	INTC	D	3.6%	3.85%	3.6%
	INTU	C	0.56%	1.09%	0.56%
	JNPR	F	0.2%	0.12%	0.12%
	KLAC	D	0.2%	0.42%	0.2%
	LRCX	F	0.34%	0.66%	0.34%
	MCHP	D	0.17%	0.39%	0.17%
	META	D	6.33%	4.46%	4.46%
	MRVL	B	0.44%	0.28%	0.28%
	MSFT	F	5.41%	17.29%	5.41%
	MU	D	0.69%	0.95%	0.69%
	NOW	A	0.49%	0.87%	0.49%
	NTAP	C	0.19%	0.21%	0.19%
	NVDA	C	2.45%	2.26%	2.26%
	ORCL	B	1.91%	1.77%	1.77%
	PANW	C	0.39%	0.35%	0.35%
	QCOM	F	1.63%	1.63%	1.63%
	SNPS	B	0.4%	0.34%	0.34%
	TXN	C	0.37%	1.83%	0.37%
	WDAY	B	0.51%	0.44%	0.44%
	WDC	D	0.35%	0.3%	0.3%

LRND Overweight 63 Positions Relative to REW

	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%
	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%
	BA	F	0.66%
	NFLX	A	0.64%
	PYPL	B	0.63%
	TEAM	A	0.61%
	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%
	CAT	B	0.43%
	DE	A	0.43%
	SPOT	B	0.4%
	PG	A	0.38%
	ABNB	C	0.36%
	SNOW	C	0.34%
	CMI	A	0.34%
	EXPE	B	0.33%
	GE	D	0.33%
	HON	B	0.32%
	BIIB	F	0.31%
	RIVN	F	0.3%
	BSX	B	0.3%
	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%
	APTV	D	0.19%
	ALNY	D	0.18%
	U	C	0.17%
	LCID	F	0.12%

LRND Underweight 52 Positions Relative to REW

	Symbol	Grade	Weight
	GOOG	C	-5.24%
	CTSH	B	-0.51%
	MSI	B	-0.45%
	ANSS	B	-0.34%
	VRSN	F	-0.33%
	SWKS	F	-0.31%
	IAC	D	-0.3%
	VEEV	C	-0.29%
	CDW	F	-0.29%
	FTNT	C	-0.25%
	AKAM	D	-0.23%
	PAYC	B	-0.22%
	TWLO	A	-0.22%
	SNAP	C	-0.22%
	SSNC	B	-0.21%
	STX	D	-0.21%
	OKTA	C	-0.21%
	GRMN	B	-0.21%
	IT	C	-0.21%
	RNG	B	-0.21%
	QRVO	F	-0.2%
	LDOS	C	-0.2%
	LUMN	C	-0.2%
	GDDY	A	-0.19%
	EPAM	C	-0.19%
	ANET	C	-0.18%
	TYL	B	-0.18%
	BAH	F	-0.17%
	TTD	B	-0.17%
	FICO	B	-0.17%
	TER	D	-0.17%
	DOX	D	-0.15%
	ON	D	-0.15%
	DXC	B	-0.14%
	GWRE	A	-0.14%
	AZPN	A	-0.14%
	OLED	D	-0.13%
	DOCU	A	-0.13%
	FFIV	B	-0.12%
	PTC	A	-0.12%
	HUBS	A	-0.11%
	DAY	B	-0.11%
	MPWR	F	-0.11%
	ENTG	D	-0.11%
	CIEN	B	-0.1%
	CACI	D	-0.1%
	XRX	F	-0.1%
	LITE	B	-0.09%
	SNX	C	-0.09%
	Z	A	-0.09%
	ETSY	D	-0.09%
	MKSI	C	-0.09%

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

REW: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Information Technology Services Software - Infrastructure Internet Content & Information Communication Equipment Semiconductor Equipment & Materials Computer Systems Data Storage Business Services Scientific & Technical Instruments Specialty Retail Consumer Electronics Health Information Services Real Estate Services Semiconductor Memory Telecom Services

Keywords: S&P 500 Nasdaq 100 Computing Semiconductor Work From Home Cloud Computing Integrated Circuits Mobile Devices Software Software As A Service Cloud Infrastructure Smartphones Electronics Operating System Telecommunications Ethernet Dow Jones Component Cloud Applications Computer Network Computer Networking