MMLG vs. LRND ETF Comparison

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

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

$28.38

Average Daily Volume

17,873

Number of Holdings ^*

75

* may have additional holdings in another (foreign) market

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

$33.23

Average Daily Volume

605

Number of Holdings ^*

99

* may have additional holdings in another (foreign) market

Performance

Period	MMLG	LRND
30 Days	6.20%	4.62%
60 Days	14.10%	11.05%
90 Days	-1.62%	-0.96%
12 Months	41.04%	33.73%

36 Overlapping Holdings

	Symbol	Grade	Weight in MMLG	Weight in LRND	Overlap
	AAPL	C	4.58%	6.57%	4.58%
	ABNB	D	0.33%	0.29%	0.29%
	ABT	C	0.32%	0.57%	0.32%
	ACN	B	0.65%	0.29%	0.29%
	ADBE	F	0.64%	0.69%	0.64%
	AMZN	C	6.41%	8.25%	6.41%
	AVGO	B	2.12%	1.49%	1.49%
	BSX	A	0.43%	0.3%	0.3%
	CDNS	D	0.35%	0.24%	0.24%
	CRM	B	0.7%	1.09%	0.7%
	DASH	A	1.13%	0.25%	0.25%
	DDOG	B	1.97%	0.19%	0.19%
	DE	C	0.49%	0.48%	0.48%
	EW	F	1.15%	0.15%	0.15%
	GOOGL	B	2.91%	8.06%	2.91%
	INTU	F	0.55%	0.51%	0.51%
	KLAC	B	0.73%	0.22%	0.22%
	LLY	D	1.88%	1.9%	1.88%
	LRCX	D	0.76%	0.27%	0.27%
	META	A	4.69%	6.84%	4.69%
	MRK	F	0.96%	4.25%	0.96%
	MSFT	D	7.95%	5.2%	5.2%
	NFLX	A	2.36%	0.54%	0.54%
	NOW	B	4.08%	0.51%	0.51%
	NVDA	B	9.29%	1.76%	1.76%
	RBLX	D	0.72%	0.32%	0.32%
	RTX	A	0.39%	0.63%	0.39%
	SNOW	F	0.6%	0.24%	0.24%
	SPOT	C	1.19%	0.38%	0.38%
	SQ	D	1.42%	0.57%	0.57%
	TEAM	D	1.53%	0.38%	0.38%
	TMO	D	0.44%	0.28%	0.28%
	TSLA	C	0.4%	1.2%	0.4%
	TXN	C	0.59%	0.38%	0.38%
	UBER	C	1.48%	0.66%	0.66%
	WDAY	D	0.41%	0.54%	0.41%

MMLG Overweight 39 Positions Relative to LRND

	Symbol	Grade	Weight
	SHOP	B	2.19%
	ASML	F	1.97%
	SE	B	1.87%
	NU	D	1.74%
	MA	A	1.49%
	IOT	C	1.35%
	ENTG	D	1.35%
	DXCM	F	1.26%
	RARE	D	1.22%
	ICE	A	1.11%
	OKTA	F	1.1%
	V	B	1.08%
	FND	C	0.94%
	CMG	C	0.78%
	UNH	B	0.77%
	ORLY	A	0.64%
	APH	D	0.64%
	MSI	A	0.63%
	TJX	D	0.62%
	GOOG	B	0.57%
	SHW	C	0.56%
	NET	D	0.49%
	EL	D	0.49%
	RSG	D	0.48%
	CDW	D	0.47%
	AXP	A	0.47%
	LYV	A	0.46%
	STZ	D	0.44%
	IR	A	0.44%
	ACGL	A	0.43%
	NKE	D	0.41%
	CB	A	0.39%
	KKR	A	0.35%
	MNST	D	0.34%
	EQIX	C	0.34%
	ROP	D	0.32%
	VEEV	C	0.3%
	VST	A	0.28%
	FANG	D	0.2%

MMLG Underweight 63 Positions Relative to LRND

	Symbol	Grade	Weight
	JNJ	D	-3.21%
	INTC	D	-2.37%
	BMY	A	-2.28%
	PFE	D	-2.13%
	ORCL	A	-2.07%
	GM	D	-1.79%
	IBM	A	-1.71%
	CSCO	A	-1.68%
	ABBV	C	-1.63%
	F	D	-1.41%
	QCOM	D	-1.34%
	GILD	A	-1.33%
	AMD	C	-1.17%
	AMGN	D	-1.02%
	REGN	D	-0.79%
	PYPL	A	-0.74%
	VRTX	D	-0.66%
	MDT	C	-0.58%
	BA	F	-0.58%
	AMAT	C	-0.51%
	CAT	A	-0.5%
	EA	D	-0.48%
	MMM	C	-0.46%
	MU	D	-0.45%
	HPE	B	-0.44%
	GE	B	-0.44%
	DELL	C	-0.44%
	MRNA	F	-0.41%
	PG	D	-0.4%
	RIVN	F	-0.38%
	PANW	B	-0.36%
	LMT	A	-0.36%
	EBAY	A	-0.36%
	MRVL	C	-0.36%
	BIIB	F	-0.35%
	DHR	D	-0.34%
	CMI	A	-0.34%
	SNPS	F	-0.33%
	ALNY	C	-0.33%
	INCY	B	-0.33%
	WDC	C	-0.32%
	EXPE	B	-0.31%
	ILMN	B	-0.31%
	ADI	B	-0.3%
	ADSK	B	-0.3%
	HPQ	B	-0.3%
	GEHC	C	-0.29%
	U	D	-0.29%
	CTVA	A	-0.29%
	NOC	B	-0.28%
	SYK	C	-0.27%
	HON	C	-0.27%
	LCID	F	-0.27%
	APTV	D	-0.24%
	JNPR	C	-0.24%
	BDX	C	-0.23%
	GLW	C	-0.23%
	ISRG	C	-0.23%
	EXEL	B	-0.23%
	CNH	C	-0.22%
	NTAP	D	-0.19%
	MCHP	F	-0.18%
	PINS	D	-0.15%

MMLG: Top Represented Industries & Keywords

Industries: Software - Application Internet Content & Information Semiconductor Equipment & Materials Credit Services Medical Devices Semiconductors Software - Infrastructure Diagnostics & Research Diversified Industrials Drug Manufacturers - Major Information Technology Services Internet Content & Information Media - Diversified Specialty Retail Aerospace & Defense Apparel Stores Asset Management Auto Manufacturers Banks - Diversified Beverages - Soft Drinks

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

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 IBD 50 Pharmaceutical Products Biopharmaceutical Cloud Infrastructure Hypertension Infection