VLUE vs. LRND ETF Comparison

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

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

$112.86

Average Daily Volume

327,542

Number of Holdings ^*

148

* 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

$33.75

Average Daily Volume

416

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VLUE	LRND
30 Days	3.29%	0.24%
60 Days	4.96%	1.81%
90 Days	6.43%	3.86%
12 Months	24.26%	27.91%

20 Overlapping Holdings

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

VLUE Overweight 128 Positions Relative to LRND

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	F	1.4%
CI	D	1.37%
SPG	A	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	C	0.77%
PCAR	B	0.76%
KR	B	0.75%
KHC	F	0.74%
WBD	B	0.7%
ON	D	0.67%
COF	C	0.66%
ADM	D	0.65%
PCG	A	0.63%
JCI	B	0.61%
FANG	C	0.6%
CNC	D	0.57%
WY	F	0.55%
TFC	A	0.54%
LHX	C	0.53%
AIG	B	0.5%
USB	A	0.48%
D	C	0.47%
ZM	C	0.47%
BK	A	0.47%
MET	A	0.46%
SWKS	F	0.46%
VST	A	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	A	0.33%
OVV	B	0.33%
WAB	B	0.32%
PPL	A	0.32%
JBL	C	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	B	0.26%
SSNC	B	0.25%
DAL	B	0.25%
LKQ	F	0.24%
SYF	B	0.24%
LH	B	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	F	0.23%
HST	C	0.23%
WBA	F	0.22%
SJM	D	0.22%
LYB	F	0.22%
ES	C	0.22%
HIG	B	0.22%
FITB	B	0.21%
GPN	B	0.21%
BG	D	0.2%
EXE	A	0.2%
RF	A	0.2%
LDOS	C	0.19%
IP	A	0.19%
MAA	B	0.19%
RPRX	D	0.19%
DGX	A	0.19%
KNX	C	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	A	0.16%
DINO	D	0.16%
APA	D	0.15%
AKAM	D	0.14%
SOLV	D	0.14%
L	A	0.13%
CPT	B	0.13%
SW	A	0.13%
KEY	B	0.13%
FCNCA	A	0.12%
EQH	C	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	C	0.1%
FNF	B	0.09%
HII	F	0.09%
DVA	C	0.08%
BEN	C	0.06%
WLK	D	0.05%
BIO	C	0.05%

VLUE Underweight 79 Positions Relative to LRND

Symbol	Grade	Weight
GOOGL	C	-8.96%
AMZN	C	-8.83%
META	D	-6.33%
AAPL	C	-5.93%
MSFT	D	-5.41%
MRK	D	-2.9%
JNJ	C	-2.7%
NVDA	B	-2.45%
ORCL	A	-1.91%
QCOM	F	-1.63%
AVGO	D	-1.58%
LLY	F	-1.55%
VRTX	D	-1.54%
ABBV	F	-1.24%
TSLA	B	-1.22%
CRM	B	-1.2%
AMD	F	-1.05%
AMGN	F	-0.85%
SQ	A	-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	B	-0.56%
UBER	F	-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	B	-0.43%
SPOT	B	-0.4%
SNPS	B	-0.4%
PANW	B	-0.39%
PG	C	-0.38%
TXN	C	-0.37%
ABNB	C	-0.36%
WDC	D	-0.35%
LRCX	F	-0.34%
SNOW	B	-0.34%
GE	D	-0.33%
HON	C	-0.32%
BIIB	F	-0.31%
CDNS	B	-0.31%
RIVN	F	-0.3%
BSX	A	-0.3%
ADSK	A	-0.3%
EBAY	D	-0.29%
RBLX	C	-0.29%
MMM	D	-0.29%
SYK	B	-0.28%
LMT	D	-0.27%
ADI	D	-0.27%
DHR	F	-0.26%
DASH	B	-0.26%
ACN	B	-0.26%
CTVA	C	-0.26%
ILMN	C	-0.25%
EXEL	B	-0.25%
ISRG	A	-0.23%
GEHC	D	-0.23%
DDOG	A	-0.22%
EW	C	-0.22%
PINS	F	-0.21%
TMO	F	-0.21%
NOC	D	-0.21%
BDX	F	-0.21%
KLAC	F	-0.2%
ALNY	D	-0.18%
U	C	-0.17%
MCHP	F	-0.17%
LCID	F	-0.12%