WRND vs. GLOF ETF Comparison

Comparison of IQ Global Equity R&D Leaders ETF (WRND) to iShares Global Equity Factor ETF (GLOF)

WRND

IQ Global Equity R&D Leaders ETF

WRND Description

IQ Global Equity 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 global region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the IQ Global Equity R&D Leaders Index, by using full replication technique. IQ Global Equity R&D Leaders ETF was formed on December 14, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$29.08

Average Daily Volume

1,357

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

GLOF

iShares Global Equity Factor ETF

GLOF Description

The fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The underlying index is designed to contain equity securities from the MSCI ACWI Index (the parent index) that have high exposure to four investment style factors: value, quality, momentum and low size, while maintaining a level of risk similar to that of the parent index.

Grade (RS Rating)

Last Trade

$44.65

Average Daily Volume

4,366

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

Performance

Period	WRND	GLOF
30 Days	-1.90%	1.47%
60 Days	-1.83%	1.03%
90 Days	-1.88%	1.65%
12 Months	18.15%	25.88%

54 Overlapping Holdings

Symbol	Grade	Weight in WRND	Weight in GLOF	Overlap
AAPL	C	3.25%	4.28%	3.25%
ABBV	D	0.17%	0.62%	0.17%
ABBV	D	0.68%	0.62%	0.62%
ABNB	C	0.19%	0.24%	0.19%
ABT	B	0.3%	0.25%	0.25%
ACN	C	0.15%	0.29%	0.15%
ADBE	C	0.39%	0.19%	0.19%
AMAT	F	0.3%	0.33%	0.3%
AMGN	D	0.47%	0.2%	0.2%
AMZN	C	6.24%	2.18%	2.18%
AVGO	D	0.86%	1.19%	0.86%
BIIB	F	0.17%	0.02%	0.02%
BMY	B	1.17%	0.36%	0.36%
CAT	B	0.24%	0.04%	0.04%
CDNS	B	0.17%	0.51%	0.17%
CSCO	B	0.93%	0.24%	0.24%
DE	A	0.24%	0.08%	0.08%
DHR	F	0.14%	0.01%	0.01%
EA	A	0.3%	0.04%	0.04%
EBAY	D	0.16%	0.31%	0.16%
GEHC	F	0.12%	0.13%	0.12%
GILD	C	0.64%	0.27%	0.27%
GM	B	1.2%	0.08%	0.08%
HPE	B	0.27%	0.32%	0.27%
HPQ	B	0.19%	0.28%	0.19%
IBM	C	0.71%	0.08%	0.08%
INTU	C	0.3%	0.5%	0.3%
JNJ	D	1.48%	0.6%	0.6%
KLAC	D	0.11%	0.3%	0.11%
LI	F	0.22%	0.16%	0.16%
LLY	F	0.85%	0.73%	0.73%
LRCX	F	0.18%	0.2%	0.18%
MDT	D	0.28%	0.01%	0.01%
MELI	D	0.21%	0.29%	0.21%
META	D	4.08%	1.35%	1.35%
MRK	F	1.59%	0.42%	0.42%
MRNA	F	0.27%	0.03%	0.03%
MSFT	F	2.97%	4.06%	2.97%
NOW	A	0.26%	0.37%	0.26%
NTAP	C	0.11%	0.12%	0.11%
NVDA	C	1.34%	4.5%	1.34%
ORCL	B	1.05%	0.4%	0.4%
PANW	C	0.22%	0.33%	0.22%
PFE	D	0.94%	0.21%	0.21%
PG	A	0.21%	0.72%	0.21%
QCOM	F	0.9%	0.35%	0.35%
SNPS	B	0.22%	0.22%	0.22%
TEAM	A	0.34%	0.57%	0.34%
TM	D	0.74%	0.08%	0.08%
TMO	F	0.12%	0.34%	0.12%
TSLA	B	0.67%	0.37%	0.37%
TXN	C	0.21%	0.35%	0.21%
UBER	D	0.31%	0.09%	0.09%
VRTX	F	0.84%	0.15%	0.15%

WRND Overweight 58 Positions Relative to GLOF

Symbol	Grade	Weight
GOOGL	C	5.25%
INTC	D	1.97%
NVS	D	0.96%
BABA	D	0.95%
F	C	0.89%
SONY	B	0.66%
STLA	F	0.66%
CRM	B	0.66%
HMC	F	0.65%
AMD	F	0.57%
BIDU	F	0.39%
SQ	B	0.39%
MU	D	0.38%
BA	F	0.36%
NFLX	A	0.35%
PYPL	B	0.34%
RTX	C	0.3%
REGN	F	0.29%
INCY	C	0.29%
WDAY	B	0.28%
TCOM	B	0.27%
NXPI	D	0.24%
SHOP	B	0.24%
MRVL	B	0.24%
SPOT	B	0.22%
BGNE	D	0.2%
SNOW	C	0.19%
CMI	A	0.19%
WDC	D	0.19%
NIO	F	0.19%
HON	B	0.18%
EXPE	B	0.18%
GE	D	0.18%
RIVN	F	0.17%
BSX	B	0.17%
ADSK	A	0.17%
RBLX	C	0.16%
MMM	D	0.16%
LMT	D	0.15%
ADI	D	0.15%
SYK	C	0.15%
ILMN	D	0.14%
DASH	A	0.14%
CTVA	C	0.14%
GLW	B	0.12%
BDX	F	0.12%
DDOG	A	0.12%
NOC	D	0.12%
EW	C	0.12%
ISRG	A	0.12%
LPL	F	0.11%
JNPR	F	0.11%
PINS	D	0.11%
UL	D	0.11%
ALNY	D	0.1%
APTV	D	0.1%
MCHP	D	0.09%
LCID	F	0.07%

WRND Underweight 136 Positions Relative to GLOF

Symbol	Grade	Weight
GOOG	C	-2.61%
JPM	A	-0.94%
BKNG	A	-0.77%
V	A	-0.76%
UNH	C	-0.73%
HD	A	-0.7%
FTNT	C	-0.65%
LOW	D	-0.65%
WMT	A	-0.65%
FICO	B	-0.62%
MCK	B	-0.61%
PEP	F	-0.61%
SYF	B	-0.58%
MCD	D	-0.53%
MA	C	-0.52%
AMP	A	-0.51%
COST	B	-0.51%
MSI	B	-0.49%
CTAS	B	-0.48%
BLDR	D	-0.48%
TT	A	-0.44%
VST	B	-0.43%
KR	B	-0.42%
AZO	C	-0.42%
LII	A	-0.42%
DOCU	A	-0.39%
BBY	D	-0.39%
MTD	D	-0.37%
FERG	B	-0.36%
XOM	B	-0.36%
T	A	-0.35%
COF	B	-0.35%
MFG	B	-0.34%
DELL	C	-0.34%
ORLY	B	-0.33%
IT	C	-0.33%
MSCI	C	-0.32%
TGT	F	-0.31%
ELV	F	-0.3%
CRWD	B	-0.29%
STLD	B	-0.29%
PM	B	-0.27%
HOLX	D	-0.25%
ALLY	C	-0.24%
GWW	B	-0.24%
ANET	C	-0.23%
MUFG	B	-0.22%
BAC	A	-0.22%
PHM	D	-0.22%
YUM	B	-0.22%
MPC	D	-0.21%
AXP	A	-0.21%
KO	D	-0.2%
NVR	D	-0.2%
DVA	B	-0.2%
MOH	F	-0.2%
PSA	D	-0.2%
FNF	B	-0.2%
NUE	C	-0.2%
SPGI	C	-0.2%
DFS	B	-0.19%
BRK.A	B	-0.19%
SBUX	A	-0.19%
AFL	B	-0.18%
LYB	F	-0.18%
LIN	D	-0.18%
ETN	A	-0.18%
EMR	A	-0.18%
STT	A	-0.18%
VLTO	D	-0.17%
MAS	D	-0.17%
HUBS	A	-0.17%
WFC	A	-0.17%
TRV	B	-0.16%
ZS	C	-0.14%
HUM	C	-0.14%
MRO	B	-0.14%
SIRI	C	-0.13%
GS	A	-0.13%
HSY	F	-0.13%
VLO	C	-0.13%
COP	C	-0.13%
BLK	C	-0.12%
UNP	C	-0.11%
URI	B	-0.11%
EG	C	-0.1%
CVS	D	-0.1%
CDW	F	-0.1%
VZ	C	-0.1%
PFG	D	-0.1%
BK	A	-0.1%
DTE	C	-0.09%
A	D	-0.09%
FOXA	B	-0.09%
SMFG	B	-0.09%
NKE	D	-0.08%
NWS	B	-0.08%
SPG	B	-0.08%
DOW	F	-0.08%
IDXX	F	-0.07%
LULU	C	-0.07%
CF	B	-0.07%
TJX	A	-0.06%
CVX	A	-0.06%
ULTA	F	-0.06%
CRH	A	-0.06%
NDAQ	A	-0.06%
LINE	F	-0.05%
FWONA	B	-0.05%
MDLZ	F	-0.05%
PAYX	C	-0.05%
PH	A	-0.05%
CHTR	C	-0.05%
CPNG	D	-0.05%
FRT	B	-0.04%
DOX	D	-0.04%
TSCO	D	-0.04%
MCO	B	-0.03%
QRVO	F	-0.03%
MTCH	D	-0.03%
NI	A	-0.03%
REG	B	-0.03%
WIT	A	-0.02%
STX	D	-0.02%
OMC	C	-0.02%
CSX	B	-0.02%
GL	B	-0.02%
VICI	C	-0.02%
WY	D	-0.02%
MOS	F	-0.02%
VRSN	F	-0.02%
OKTA	C	-0.01%
VEEV	C	-0.01%
PCAR	B	-0.01%
PLD	D	-0.01%
CEG	D	-0.01%