QQA vs. LRND ETF Comparison

Comparison of Invesco QQQ Income Advantage ETF (QQA) to IQ U.S. Large Cap R&D Leaders ETF (LRND)

QQA

Invesco QQQ Income Advantage ETF

QQA Description

The fund seeks to achieve its investment objective by: (1) investing in a portfolio of U.S. equity securities designed to track the performance, before fees and expenses, of the NASDAQ-100 Index® or U.S.-listed exchange-traded funds (ETFs) that seek to track the performance of the index, or both, and (2) utilizing an options-based income strategy implemented through equity-linked notes (ELNs) with exposure to either the index or ETFs tracking the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$50.25

Average Daily Volume

11,155

Number of Holdings ^*

101

* 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

$33.89

Average Daily Volume

416

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	QQA	LRND
30 Days	4.30%	2.07%
60 Days	5.68%	2.22%
90 Days	6.30%	4.29%
12 Months		28.44%

44 Overlapping Holdings

Symbol	Grade	Weight in QQA	Weight in LRND	Overlap
AAPL	C	6.56%	5.93%	5.93%
ABNB	C	0.29%	0.36%	0.29%
ADBE	C	1.11%	0.7%	0.7%
ADI	D	0.51%	0.27%	0.27%
ADSK	A	0.32%	0.3%	0.3%
AMAT	F	0.69%	0.54%	0.54%
AMD	F	1.08%	1.05%	1.05%
AMGN	D	0.75%	0.85%	0.75%
AMZN	C	4.08%	8.83%	4.08%
AVGO	D	3.78%	1.58%	1.58%
BIIB	F	0.11%	0.31%	0.11%
CDNS	B	0.39%	0.31%	0.31%
CSCO	B	1.15%	1.69%	1.15%
DASH	A	0.32%	0.26%	0.26%
DDOG	A	0.19%	0.22%	0.19%
EA	A	0.21%	0.55%	0.21%
GEHC	F	0.18%	0.23%	0.18%
GILD	C	0.54%	1.17%	0.54%
GOOGL	C	1.94%	8.96%	1.94%
HON	B	0.74%	0.32%	0.32%
ILMN	D	0.11%	0.25%	0.11%
INTC	D	0.51%	3.6%	0.51%
INTU	C	0.95%	0.56%	0.56%
ISRG	A	0.93%	0.23%	0.23%
KLAC	D	0.41%	0.2%	0.2%
LRCX	F	0.45%	0.34%	0.34%
MCHP	D	0.16%	0.17%	0.16%
META	D	3.69%	6.33%	3.69%
MRNA	F	0.07%	0.5%	0.07%
MRVL	B	0.38%	0.44%	0.38%
MSFT	F	5.91%	5.41%	5.41%
MU	D	0.53%	0.69%	0.53%
NFLX	A	1.75%	0.64%	0.64%
NVDA	C	6.68%	2.45%	2.45%
PANW	C	0.62%	0.39%	0.39%
PYPL	B	0.43%	0.63%	0.43%
QCOM	F	0.88%	1.63%	0.88%
REGN	F	0.4%	0.55%	0.4%
SNPS	B	0.4%	0.4%	0.4%
TEAM	A	0.19%	0.61%	0.19%
TSLA	B	2.98%	1.22%	1.22%
TXN	C	0.91%	0.37%	0.37%
VRTX	F	0.6%	1.54%	0.6%
WDAY	B	0.27%	0.51%	0.27%

QQA Overweight 57 Positions Relative to LRND

Symbol	Grade	Weight
COST	B	1.99%
GOOG	C	1.86%
TMUS	B	1.36%
PEP	F	1.08%
LIN	D	1.06%
BKNG	A	0.83%
CMCSA	B	0.82%
ADP	B	0.6%
SBUX	A	0.55%
MELI	D	0.47%
MDLZ	F	0.43%
CTAS	B	0.43%
MAR	B	0.39%
PDD	F	0.38%
CRWD	B	0.38%
FTNT	C	0.36%
CEG	D	0.35%
ORLY	B	0.35%
CSX	B	0.34%
ASML	F	0.31%
ROP	B	0.29%
PCAR	B	0.29%
CHTR	C	0.28%
CPRT	A	0.27%
NXPI	D	0.27%
FANG	D	0.26%
TTD	B	0.26%
AEP	D	0.25%
MNST	C	0.25%
PAYX	C	0.25%
FAST	B	0.23%
ODFL	B	0.23%
ROST	C	0.23%
BKR	B	0.21%
KDP	D	0.21%
VRSK	A	0.2%
LULU	C	0.19%
KHC	F	0.19%
XEL	A	0.19%
CTSH	B	0.19%
EXC	C	0.19%
AZN	D	0.18%
IDXX	F	0.17%
CCEP	C	0.17%
ZS	C	0.15%
DXCM	D	0.15%
TTWO	A	0.15%
ON	D	0.14%
CSGP	D	0.14%
ANSS	B	0.14%
CDW	F	0.12%
WBD	C	0.11%
GFS	C	0.11%
MDB	C	0.1%
ARM	D	0.08%
DLTR	F	0.07%
SMCI	F	0.05%

QQA Underweight 55 Positions Relative to LRND

Symbol	Grade	Weight
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%
IBM	C	-1.3%
ABBV	D	-1.24%
CRM	B	-1.2%
SQ	B	-0.72%
BA	F	-0.66%
DELL	C	-0.63%
UBER	D	-0.56%
RTX	C	-0.55%
INCY	C	-0.54%
ABT	B	-0.54%
MDT	D	-0.52%
HPE	B	-0.5%
NOW	A	-0.49%
CAT	B	-0.43%
DE	A	-0.43%
SPOT	B	-0.4%
PG	A	-0.38%
WDC	D	-0.35%
SNOW	C	-0.34%
CMI	A	-0.34%
HPQ	B	-0.34%
EXPE	B	-0.33%
GE	D	-0.33%
RIVN	F	-0.3%
BSX	B	-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%
ACN	C	-0.26%
CTVA	C	-0.26%
EXEL	B	-0.25%
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%
JNPR	F	-0.2%
APTV	D	-0.19%
NTAP	C	-0.19%
ALNY	D	-0.18%
U	C	-0.17%
LCID	F	-0.12%