WRND vs. IEDI ETF Comparison

Comparison of IQ Global Equity R&D Leaders ETF (WRND) to iShares Evolved U.S. Discretionary Spending ETF (IEDI)

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

$29.03

Average Daily Volume

1,357

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

IEDI

iShares Evolved U.S. Discretionary Spending ETF

IEDI Description

The investment seeks to provide access to U.S. companies with discretionary spending exposure, as classified using a proprietary classification system. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. listed common stock of large-, mid- and small-capitalization discretionary spending companies. It will hold common stock of those companies that fall into the Discretionary Spending Evolved Sector which have economic characteristics that have been historically correlated with companies traditionally defined as consumer discretionary companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.53

Average Daily Volume

6,271

Number of Holdings ^*

176

* may have additional holdings in another (foreign) market

Performance

Period	WRND	IEDI
30 Days	-3.04%	3.26%
60 Days	-1.63%	4.59%
90 Days	-2.05%	7.09%
12 Months	17.94%	32.06%

14 Overlapping Holdings

Symbol	Grade	Weight in WRND	Weight in IEDI	Overlap
ABNB	C	0.19%	0.48%	0.19%
AMZN	C	6.24%	8.78%	6.24%
DASH	B	0.14%	0.7%	0.14%
EA	A	0.3%	0.06%	0.06%
EBAY	D	0.16%	0.23%	0.16%
EXPE	B	0.18%	0.24%	0.18%
INTU	B	0.3%	0.2%	0.2%
META	D	4.08%	1.68%	1.68%
NFLX	A	0.35%	0.69%	0.35%
PG	C	0.21%	0.24%	0.21%
PINS	F	0.11%	0.15%	0.11%
PYPL	B	0.34%	0.4%	0.34%
SQ	A	0.39%	0.44%	0.39%
UBER	F	0.31%	1.02%	0.31%

WRND Overweight 98 Positions Relative to IEDI

Symbol	Grade	Weight
GOOGL	C	5.25%
AAPL	C	3.25%
MSFT	D	2.97%
INTC	C	1.97%
MRK	D	1.59%
JNJ	C	1.48%
NVDA	B	1.34%
GM	C	1.2%
BMY	B	1.17%
ORCL	A	1.05%
NVS	F	0.96%
BABA	D	0.95%
PFE	F	0.94%
CSCO	B	0.93%
QCOM	F	0.9%
F	C	0.89%
AVGO	D	0.86%
LLY	F	0.85%
VRTX	D	0.84%
TM	F	0.74%
IBM	C	0.71%
ABBV	F	0.68%
TSLA	B	0.67%
SONY	B	0.66%
STLA	F	0.66%
CRM	B	0.66%
HMC	F	0.65%
GILD	C	0.64%
AMD	F	0.57%
AMGN	F	0.47%
ADBE	C	0.39%
BIDU	F	0.39%
MU	D	0.38%
BA	F	0.36%
TEAM	A	0.34%
AMAT	F	0.3%
ABT	B	0.3%
RTX	D	0.3%
REGN	F	0.29%
INCY	C	0.29%
MDT	D	0.28%
WDAY	B	0.28%
MRNA	F	0.27%
HPE	B	0.27%
TCOM	B	0.27%
NOW	A	0.26%
CAT	B	0.24%
NXPI	D	0.24%
SHOP	B	0.24%
MRVL	B	0.24%
DE	B	0.24%
SPOT	B	0.22%
PANW	B	0.22%
LI	F	0.22%
SNPS	B	0.22%
MELI	C	0.21%
TXN	C	0.21%
BGNE	D	0.2%
SNOW	B	0.19%
HPQ	B	0.19%
CMI	A	0.19%
WDC	D	0.19%
NIO	F	0.19%
HON	C	0.18%
GE	D	0.18%
LRCX	F	0.18%
RIVN	F	0.17%
BSX	A	0.17%
ADSK	A	0.17%
CDNS	B	0.17%
BIIB	F	0.17%
ABBV	F	0.17%
RBLX	C	0.16%
MMM	D	0.16%
ACN	B	0.15%
LMT	D	0.15%
ADI	D	0.15%
SYK	B	0.15%
ILMN	C	0.14%
DHR	F	0.14%
CTVA	C	0.14%
TMO	F	0.12%
GLW	B	0.12%
BDX	F	0.12%
DDOG	A	0.12%
NOC	D	0.12%
EW	C	0.12%
ISRG	A	0.12%
GEHC	D	0.12%
NTAP	C	0.11%
LPL	D	0.11%
JNPR	D	0.11%
KLAC	F	0.11%
UL	D	0.11%
ALNY	D	0.1%
APTV	F	0.1%
MCHP	F	0.09%
LCID	F	0.07%

WRND Underweight 162 Positions Relative to IEDI

Symbol	Grade	Weight
HD	B	-12.26%
COST	A	-8.55%
WMT	A	-7.56%
TJX	A	-4.58%
LOW	C	-4.3%
CMG	B	-2.85%
ORLY	B	-2.11%
MCD	D	-1.93%
TGT	F	-1.9%
SBUX	A	-1.86%
ROST	D	-1.83%
HLT	A	-1.31%
MAR	A	-1.29%
NKE	F	-1.1%
AZO	C	-1.08%
TSCO	D	-0.89%
DIS	B	-0.83%
YUM	D	-0.82%
KR	B	-0.81%
DRI	B	-0.74%
V	A	-0.72%
BURL	B	-0.71%
ULTA	F	-0.7%
CTAS	B	-0.61%
DG	F	-0.53%
DECK	A	-0.51%
WSM	C	-0.51%
RCL	A	-0.5%
CPRT	B	-0.48%
DPZ	C	-0.47%
FERG	B	-0.46%
DKS	D	-0.45%
TXRH	B	-0.45%
CVNA	B	-0.45%
DLTR	F	-0.44%
CASY	A	-0.42%
DKNG	B	-0.4%
WING	D	-0.39%
SFM	A	-0.38%
FND	D	-0.37%
BBY	D	-0.36%
SYY	D	-0.35%
STZ	D	-0.34%
CAVA	B	-0.32%
FAST	B	-0.31%
KMX	B	-0.31%
PLNT	A	-0.29%
BJ	A	-0.28%
TPR	B	-0.27%
USFD	A	-0.26%
LYV	A	-0.24%
ROL	B	-0.22%
OLLI	D	-0.22%
PFGC	B	-0.2%
SCI	B	-0.2%
TOST	B	-0.2%
CHDN	B	-0.2%
LAD	A	-0.19%
UPS	C	-0.19%
BBWI	C	-0.19%
TSN	B	-0.18%
CCL	A	-0.18%
GPC	D	-0.18%
WH	B	-0.17%
TOL	B	-0.16%
FIVE	F	-0.16%
MUSA	B	-0.16%
RH	C	-0.16%
FRPT	A	-0.15%
ACI	C	-0.15%
HST	C	-0.15%
POOL	C	-0.15%
MTN	C	-0.15%
ARMK	B	-0.15%
GME	C	-0.15%
VFC	C	-0.14%
CZR	F	-0.14%
MGM	D	-0.14%
TPX	B	-0.14%
NCLH	B	-0.14%
GDDY	A	-0.14%
GAP	C	-0.14%
SKX	D	-0.14%
H	B	-0.13%
HRB	D	-0.13%
TTWO	A	-0.13%
ELF	C	-0.13%
CL	D	-0.13%
ANF	F	-0.13%
ASO	F	-0.12%
RL	C	-0.12%
SHAK	C	-0.12%
BOOT	C	-0.12%
OMC	C	-0.12%
EAT	A	-0.12%
CROX	D	-0.12%
VVV	D	-0.11%
BYD	B	-0.11%
FDX	B	-0.11%
MKC	C	-0.11%
DUOL	A	-0.11%
LUV	C	-0.11%
KTB	B	-0.11%
TKO	A	-0.1%
AN	C	-0.1%
ABG	C	-0.1%
CHH	A	-0.1%
Z	A	-0.1%
CHE	D	-0.1%
W	D	-0.1%
SIG	B	-0.1%
CPAY	A	-0.09%
GWW	B	-0.09%
RHP	B	-0.09%
MAS	D	-0.09%
AEO	F	-0.09%
M	F	-0.09%
SHOO	F	-0.09%
HOOD	B	-0.09%
SJM	D	-0.08%
SNAP	D	-0.08%
JWN	D	-0.08%
HSIC	C	-0.08%
ALK	B	-0.08%
BFAM	D	-0.08%
URBN	C	-0.08%
IPG	D	-0.08%
WEN	D	-0.08%
UAL	A	-0.08%
CBOE	C	-0.07%
CLX	A	-0.07%
BLD	D	-0.07%
FLO	D	-0.07%
AFRM	A	-0.07%
FUN	C	-0.07%
MSGS	A	-0.07%
AAP	D	-0.07%
UHAL	D	-0.07%
FCFS	F	-0.07%
KSS	F	-0.07%
SITE	F	-0.07%
LNW	F	-0.07%
LYFT	C	-0.07%
WBA	F	-0.06%
PZZA	F	-0.06%
CPRI	F	-0.06%
LANC	C	-0.06%
CNK	C	-0.06%
CAG	F	-0.06%
FL	F	-0.06%
IT	C	-0.06%
NYT	D	-0.06%
FOUR	A	-0.06%
TNL	A	-0.06%
AAL	B	-0.06%
RHI	C	-0.06%
GEN	B	-0.06%
RRR	F	-0.06%
CRI	F	-0.05%
LAMR	C	-0.05%
HAS	D	-0.05%
LW	C	-0.05%