LRND vs. VLUE ETF Comparison

Comparison of IQ U.S. Large Cap R&D Leaders ETF (LRND) to iShares MSCI USA Value Factor (VLUE)

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

VLUE

iShares MSCI USA Value Factor

VLUE Description

The investment seeks to track the performance of MSCI USA Value Weighted Index that measures the performance of U.S. large- and mid-capitalization stocks with value characteristics and relatively lower valuations, before fees and expenses. The fund generally invests at least 90% of its assets in the securities of the underlying index or in depositary receipts representing securities in its underlying index. The MSCI USA Value Weighted Index (the "underlying index") is based on a traditional market capitalization-weighted parent index, the MSCI USA Index, which includes U.S. large- and mid- capitalization stocks.

Grade (RS Rating)

Last Trade

$114.13

Average Daily Volume

324,164

Number of Holdings ^*

148

* may have additional holdings in another (foreign) market

Performance

Period	LRND	VLUE
30 Days	2.07%	4.45%
60 Days	2.22%	5.68%
90 Days	4.29%	7.63%
12 Months	28.44%	25.66%

20 Overlapping Holdings

Symbol	Grade	Weight in LRND	Weight in VLUE	Overlap
AMAT	F	0.54%	2.37%	0.54%
APTV	D	0.19%	0.13%	0.13%
BMY	B	2.13%	1.55%	1.55%
CMI	A	0.34%	0.6%	0.34%
CNH	C	0.2%	0.17%	0.17%
CSCO	B	1.69%	6.43%	1.69%
DELL	C	0.63%	0.84%	0.63%
EXPE	B	0.33%	0.48%	0.33%
F	C	1.62%	1.68%	1.62%
GILD	C	1.17%	1.29%	1.17%
GLW	B	0.21%	1.1%	0.21%
GM	B	2.19%	3.6%	2.19%
HPE	B	0.5%	1.4%	0.5%
HPQ	B	0.34%	1.19%	0.34%
IBM	C	1.3%	3.86%	1.3%
INTC	D	3.6%	3.65%	3.6%
JNPR	F	0.2%	0.33%	0.2%
NTAP	C	0.19%	0.52%	0.19%
PFE	D	1.72%	2.07%	1.72%
RTX	C	0.55%	1.77%	0.55%

LRND Overweight 79 Positions Relative to VLUE

Symbol	Grade	Weight
GOOGL	C	8.96%
AMZN	C	8.83%
META	D	6.33%
AAPL	C	5.93%
MSFT	F	5.41%
MRK	F	2.9%
JNJ	D	2.7%
NVDA	C	2.45%
ORCL	B	1.91%
QCOM	F	1.63%
AVGO	D	1.58%
LLY	F	1.55%
VRTX	F	1.54%
ABBV	D	1.24%
TSLA	B	1.22%
CRM	B	1.2%
AMD	F	1.05%
AMGN	D	0.85%
SQ	B	0.72%
ADBE	C	0.7%
MU	D	0.69%
BA	F	0.66%
NFLX	A	0.64%
PYPL	B	0.63%
TEAM	A	0.61%
INTU	C	0.56%
UBER	D	0.56%
REGN	F	0.55%
EA	A	0.55%
INCY	C	0.54%
ABT	B	0.54%
MDT	D	0.52%
WDAY	B	0.51%
MRNA	F	0.5%
NOW	A	0.49%
MRVL	B	0.44%
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%
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%
ADI	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%
NOC	D	0.21%
BDX	F	0.21%
KLAC	D	0.2%
ALNY	D	0.18%
U	C	0.17%
MCHP	D	0.17%
LCID	F	0.12%

LRND Underweight 128 Positions Relative to VLUE

Symbol	Grade	Weight
T	A	-6.04%
VZ	C	-2.91%
BAC	A	-2.25%
WFC	A	-1.92%
C	A	-1.78%
LEN	D	-1.49%
CVS	D	-1.46%
MO	A	-1.45%
GS	A	-1.43%
DHI	D	-1.4%
CI	F	-1.37%
SPG	B	-1.26%
FDX	B	-1.18%
NXPI	D	-1.12%
CTSH	B	-1.1%
TEL	B	-1.02%
ELV	F	-0.97%
PHM	D	-0.94%
VLO	C	-0.78%
URI	B	-0.77%
PCAR	B	-0.76%
KR	B	-0.75%
KHC	F	-0.74%
WBD	C	-0.7%
ON	D	-0.67%
COF	B	-0.66%
ADM	D	-0.65%
PCG	A	-0.63%
JCI	C	-0.61%
FANG	D	-0.6%
CNC	D	-0.57%
WY	D	-0.55%
TFC	A	-0.54%
LHX	C	-0.53%
AIG	B	-0.5%
USB	A	-0.48%
D	C	-0.47%
ZM	B	-0.47%
BK	A	-0.47%
MET	A	-0.46%
SWKS	F	-0.46%
VST	B	-0.45%
VTRS	A	-0.45%
PRU	A	-0.45%
NUE	C	-0.45%
MRO	B	-0.44%
TSN	B	-0.44%
GEN	B	-0.42%
FSLR	F	-0.38%
BBY	D	-0.38%
TAP	C	-0.38%
FFIV	B	-0.37%
BLDR	D	-0.36%
OC	A	-0.36%
CTRA	B	-0.35%
TWLO	A	-0.34%
FOXA	B	-0.33%
OVV	B	-0.33%
WAB	B	-0.32%
PPL	B	-0.32%
JBL	B	-0.31%
MTB	A	-0.31%
EQT	B	-0.28%
PARA	C	-0.27%
EVRG	A	-0.27%
STLD	B	-0.27%
CFG	B	-0.26%
STT	A	-0.26%
SSNC	B	-0.25%
DAL	C	-0.25%
LKQ	D	-0.24%
SYF	B	-0.24%
LH	C	-0.24%
TXT	D	-0.24%
UTHR	C	-0.23%
ATO	A	-0.23%
AZPN	A	-0.23%
SNA	A	-0.23%
DOW	F	-0.23%
CAG	D	-0.23%
HST	C	-0.23%
WBA	F	-0.22%
SJM	D	-0.22%
LYB	F	-0.22%
ES	D	-0.22%
HIG	B	-0.22%
FITB	A	-0.21%
GPN	B	-0.21%
BG	F	-0.2%
EXE	B	-0.2%
RF	A	-0.2%
LDOS	C	-0.19%
IP	B	-0.19%
MAA	B	-0.19%
RPRX	D	-0.19%
DGX	A	-0.19%
KNX	B	-0.19%
FOX	A	-0.18%
UHS	D	-0.18%
QRVO	F	-0.18%
EG	C	-0.17%
MOS	F	-0.17%
HBAN	A	-0.17%
CF	B	-0.16%
DINO	D	-0.16%
APA	D	-0.15%
AKAM	D	-0.14%
SOLV	C	-0.14%
L	A	-0.13%
CPT	B	-0.13%
SW	A	-0.13%
KEY	B	-0.13%
FCNCA	A	-0.12%
EQH	B	-0.12%
ACI	C	-0.12%
LUV	C	-0.12%
UHAL	D	-0.11%
FBIN	D	-0.11%
NLY	C	-0.11%
ALLY	C	-0.1%
SWK	D	-0.1%
EMN	D	-0.1%
FNF	B	-0.09%
HII	D	-0.09%
DVA	B	-0.08%
BEN	C	-0.06%
WLK	D	-0.05%
BIO	D	-0.05%