WRND vs. INRO ETF Comparison

Comparison of IQ Global Equity R&D Leaders ETF (WRND) to BlackRock U.S. Industry Rotation ETF (INRO)
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
INRO

BlackRock U.S. Industry Rotation ETF

INRO Description INRO is targeted US equity exposure, actively managed by shifting the selection and weighting of the portfolio towards industries among the broad domestic market. Portfolio allocation is based on five potential sources of return: information regarding the current economic cycle, valuation, quality metrics, analyst expectation data and recent individual industry trends. The strategy aims to capture the potential alpha from the dispersion between industry allocations and the broad market. During temporary defensive periods, the fund may depart from this principal investment strategy to invest 100% of the portfolio in liquid, short-term securities. The fund may engage in active and frequent trading. Derivatives may also be used to seek returns or hedge exposure. Up to one-third of the value of the funds assets may be lending.

Grade (RS Rating)

Last Trade

$28.39

Average Daily Volume

3,548

Number of Holdings *

429

* may have additional holdings in another (foreign) market
Performance
Period WRND INRO
30 Days -1.90% 5.09%
60 Days -1.83% 6.25%
90 Days -1.88% 7.10%
12 Months 18.15%
77 Overlapping Holdings
Symbol Grade Weight in WRND Weight in INRO Overlap
AAPL C 3.25% 5.76% 3.25%
ABBV D 0.68% 0.39% 0.39%
ABBV D 0.17% 0.39% 0.17%
ACN C 0.15% 0.07% 0.07%
ADBE C 0.39% 0.32% 0.32%
ADI D 0.15% 0.22% 0.15%
ADSK A 0.17% 0.09% 0.09%
ALNY D 0.1% 0.04% 0.04%
AMAT F 0.3% 0.3% 0.3%
AMD F 0.57% 0.47% 0.47%
AMGN D 0.47% 0.2% 0.2%
AMZN C 6.24% 1.47% 1.47%
AVGO D 0.86% 1.54% 0.86%
BA F 0.36% 0.04% 0.04%
BIIB F 0.17% 0.03% 0.03%
BMY B 1.17% 0.11% 0.11%
CAT B 0.24% 0.35% 0.24%
CDNS B 0.17% 0.12% 0.12%
CMI A 0.19% 0.1% 0.1%
CRM B 0.66% 0.45% 0.45%
CTVA C 0.14% 0.01% 0.01%
DDOG A 0.12% 0.06% 0.06%
DE A 0.24% 0.2% 0.2%
DHR F 0.14% 0.19% 0.14%
EBAY D 0.16% 0.02% 0.02%
F C 0.89% 0.06% 0.06%
GE D 0.18% 0.08% 0.08%
GILD C 0.64% 0.14% 0.14%
GLW B 0.12% 0.09% 0.09%
GM B 1.2% 0.09% 0.09%
GOOGL C 5.25% 3.13% 3.13%
HON B 0.18% 1.6% 0.18%
HPE B 0.27% 0.05% 0.05%
HPQ B 0.19% 0.06% 0.06%
IBM C 0.71% 0.06% 0.06%
ILMN D 0.14% 0.03% 0.03%
INCY C 0.29% 0.02% 0.02%
INTC D 1.97% 0.22% 0.22%
INTU C 0.3% 0.26% 0.26%
JNJ D 1.48% 0.37% 0.37%
KLAC D 0.11% 0.17% 0.11%
LLY F 0.85% 0.57% 0.57%
LMT D 0.15% 0.05% 0.05%
LRCX F 0.18% 0.19% 0.18%
MCHP D 0.09% 0.08% 0.08%
MELI D 0.21% 0.07% 0.07%
META D 4.08% 3.68% 3.68%
MMM D 0.16% 0.76% 0.16%
MRK F 1.59% 0.24% 0.24%
MRNA F 0.27% 0.02% 0.02%
MRVL B 0.24% 0.16% 0.16%
MSFT F 2.97% 4.24% 2.97%
MU D 0.38% 0.23% 0.23%
NOC D 0.12% 0.03% 0.03%
NOW A 0.26% 0.3% 0.26%
NTAP C 0.11% 0.04% 0.04%
NVDA C 1.34% 7.62% 1.34%
NXPI D 0.24% 0.12% 0.12%
ORCL B 1.05% 0.45% 0.45%
PANW C 0.22% 0.18% 0.18%
PFE D 0.94% 0.14% 0.14%
PINS D 0.11% 0.05% 0.05%
PYPL B 0.34% 0.01% 0.01%
QCOM F 0.9% 0.39% 0.39%
REGN F 0.29% 0.11% 0.11%
RIVN F 0.17% 0.01% 0.01%
RTX C 0.3% 0.06% 0.06%
SNOW C 0.19% 0.01% 0.01%
SNPS B 0.22% 0.12% 0.12%
TEAM A 0.34% 0.06% 0.06%
TMO F 0.12% 0.24% 0.12%
TSLA B 0.67% 1.32% 0.67%
TXN C 0.21% 0.39% 0.21%
UBER D 0.31% 0.49% 0.31%
VRTX F 0.84% 0.15% 0.15%
WDAY B 0.28% 0.08% 0.08%
WDC D 0.19% 0.04% 0.04%
WRND Overweight 35 Positions Relative to INRO
Symbol Grade Weight
NVS D 0.96%
BABA D 0.95%
CSCO B 0.93%
TM D 0.74%
SONY B 0.66%
STLA F 0.66%
HMC F 0.65%
BIDU F 0.39%
SQ B 0.39%
NFLX A 0.35%
ABT B 0.3%
EA A 0.3%
MDT D 0.28%
TCOM B 0.27%
SHOP B 0.24%
SPOT B 0.22%
LI F 0.22%
PG A 0.21%
BGNE D 0.2%
ABNB C 0.19%
NIO F 0.19%
EXPE B 0.18%
BSX B 0.17%
RBLX C 0.16%
SYK C 0.15%
DASH A 0.14%
BDX F 0.12%
EW C 0.12%
ISRG A 0.12%
GEHC F 0.12%
LPL F 0.11%
JNPR F 0.11%
UL D 0.11%
APTV D 0.1%
LCID F 0.07%
WRND Underweight 353 Positions Relative to INRO
Symbol Grade Weight
TMUS B -4.56%
GOOG C -2.72%
JPM A -1.74%
BXP D -1.35%
HD A -1.17%
AXP A -1.14%
NEE D -0.97%
XOM B -0.95%
CBRE B -0.87%
PM B -0.87%
BAC A -0.81%
TT A -0.65%
GS A -0.64%
WFC A -0.64%
CSGP D -0.63%
SO D -0.6%
VMC B -0.59%
MLM B -0.57%
MS A -0.55%
SPGI C -0.55%
UNP C -0.54%
DUK C -0.54%
CVX A -0.5%
ETN A -0.48%
COF B -0.48%
URI B -0.47%
COST B -0.47%
BX A -0.45%
CEG D -0.45%
WMT A -0.45%
GWW B -0.44%
LOW D -0.43%
CARR D -0.42%
SCHW B -0.41%
MO A -0.41%
FAST B -0.4%
JCI C -0.39%
TJX A -0.39%
WM A -0.37%
PWR A -0.37%
CTAS B -0.34%
C A -0.34%
ICE C -0.33%
DHI D -0.33%
AEP D -0.32%
KKR A -0.31%
GEV B -0.31%
CME A -0.3%
ADP B -0.29%
DFS B -0.29%
LEN D -0.28%
MCO B -0.28%
PCG A -0.26%
EXC C -0.25%
CSX B -0.25%
Z A -0.25%
XEL A -0.24%
EMR A -0.24%
COP C -0.24%
PGR A -0.23%
GRMN B -0.22%
NSC B -0.22%
WCN A -0.21%
ORLY B -0.21%
PNC B -0.21%
CPRT A -0.21%
EIX B -0.21%
NVR D -0.21%
USB A -0.2%
RSG A -0.2%
COIN C -0.2%
ETR B -0.2%
VST B -0.19%
EME C -0.19%
APH A -0.19%
AMP A -0.19%
SYF B -0.18%
WELL A -0.18%
PLTR B -0.18%
PHM D -0.18%
TFC A -0.17%
CB C -0.17%
PH A -0.17%
ODFL B -0.16%
WSO A -0.16%
MMC B -0.16%
MSCI C -0.16%
VRT B -0.16%
EOG A -0.15%
AME A -0.15%
FE C -0.15%
AZO C -0.15%
BLDR D -0.15%
ITW B -0.15%
NDAQ A -0.14%
ROST C -0.14%
ES D -0.14%
LII A -0.14%
CSL C -0.14%
WMB A -0.13%
RJF A -0.13%
SW A -0.13%
FCX D -0.12%
MAS D -0.12%
OC A -0.12%
CRWD B -0.12%
OKE A -0.12%
ARES A -0.12%
NRG B -0.12%
EVRG A -0.11%
PAYX C -0.11%
LNT A -0.11%
VLTO D -0.11%
BK A -0.11%
PCAR B -0.11%
AMT D -0.11%
AON A -0.11%
NEM D -0.11%
ACM A -0.11%
APP B -0.1%
AJG B -0.1%
PKG A -0.1%
KMI A -0.1%
PSX C -0.1%
MPC D -0.1%
ROK B -0.1%
EQIX A -0.1%
MSTR C -0.1%
NTRS A -0.1%
TSCO D -0.09%
IP B -0.09%
AIG B -0.09%
LNG B -0.09%
MTB A -0.09%
AFL B -0.09%
ROP B -0.09%
TRV B -0.09%
VRSK A -0.09%
SLB C -0.09%
BR A -0.08%
TRGP B -0.08%
EFX F -0.08%
ZTS D -0.08%
OTIS C -0.08%
HUBB B -0.08%
LPLA A -0.08%
MET A -0.08%
IR B -0.08%
FDS B -0.08%
ALL A -0.08%
TGT F -0.08%
FITB A -0.08%
FICO B -0.08%
VLO C -0.08%
ALLE D -0.08%
FTNT C -0.08%
BALL D -0.08%
PSA D -0.07%
BKR B -0.07%
DELL C -0.07%
HBAN A -0.07%
WAB B -0.07%
RF A -0.07%
PRU A -0.07%
AMCR D -0.07%
HES B -0.07%
DLR B -0.07%
AVY D -0.07%
CCI D -0.06%
CFG B -0.06%
JBHT C -0.06%
XYL D -0.06%
VTR C -0.06%
KEYS A -0.06%
ON D -0.06%
HOOD B -0.06%
MPWR F -0.06%
AOS F -0.06%
OXY D -0.06%
FANG D -0.06%
BRK.A B -0.06%
ROL B -0.06%
FBIN D -0.06%
TW A -0.06%
IQV D -0.05%
KR B -0.05%
WTW B -0.05%
A D -0.05%
PPL B -0.05%
ANSS B -0.05%
HUBS A -0.05%
ULTA F -0.05%
ATO A -0.05%
LDOS C -0.05%
CG A -0.05%
CCK C -0.05%
FTV C -0.05%
TROW B -0.05%
BURL A -0.05%
TPL A -0.05%
CDW F -0.05%
WSM B -0.05%
FCNCA A -0.05%
BBY D -0.05%
HIG B -0.05%
KEY B -0.05%
DOV A -0.05%
VICI C -0.05%
ACGL D -0.05%
STT A -0.05%
PNR A -0.04%
SNA A -0.04%
PTC A -0.04%
ARE D -0.04%
TRMB B -0.04%
UPS C -0.04%
BRO B -0.04%
TYL B -0.04%
CINF A -0.04%
J F -0.04%
MKL A -0.04%
MKTX D -0.04%
HAL C -0.04%
FSLR F -0.04%
MA C -0.04%
CBOE B -0.04%
DVN F -0.04%
EQT B -0.04%
PFG D -0.04%
SYY B -0.04%
IRM D -0.04%
BAH F -0.04%
ZBRA B -0.04%
EXR D -0.04%
TDY B -0.04%
V A -0.04%
TRU D -0.04%
SMCI F -0.03%
SWK D -0.03%
MANH D -0.03%
MRO B -0.03%
DT C -0.03%
EG C -0.03%
WAT B -0.03%
PSTG D -0.03%
ZS C -0.03%
PAYC B -0.03%
SWKS F -0.03%
DAY B -0.03%
NDSN B -0.03%
GD F -0.03%
CTRA B -0.03%
SBAC D -0.03%
WST C -0.03%
WRB A -0.03%
L A -0.03%
DOC D -0.03%
TDG D -0.03%
WY D -0.03%
GGG B -0.03%
ENTG D -0.03%
LIN D -0.03%
SNAP C -0.03%
JBL B -0.03%
DAL C -0.03%
ZM B -0.03%
TER D -0.03%
IEX B -0.03%
AES F -0.03%
SSNC B -0.03%
BEN C -0.03%
STX D -0.03%
DKS C -0.03%
MTD D -0.03%
KMX B -0.03%
KNX B -0.03%
IT C -0.02%
BMRN D -0.02%
NBIX C -0.02%
LUV C -0.02%
TTC D -0.02%
DINO D -0.02%
DG F -0.02%
SEIC B -0.02%
ERIE D -0.02%
ENPH F -0.02%
AXON A -0.02%
AVTR F -0.02%
AIZ A -0.02%
ALLY C -0.02%
HWM A -0.02%
AFG A -0.02%
RVTY F -0.02%
UHAL D -0.02%
IOT A -0.02%
UTHR C -0.02%
BBWI D -0.02%
CNH C -0.02%
LHX C -0.02%
MTCH D -0.02%
OVV B -0.02%
FDX B -0.02%
DOCU A -0.02%
GLPI C -0.02%
GEN B -0.02%
CPT B -0.01%
FIS C -0.01%
APD A -0.01%
SUI D -0.01%
DOW F -0.01%
ACI C -0.01%
SHW A -0.01%
STLD B -0.01%
TXT D -0.01%
MDB C -0.01%
ESS B -0.01%
RS B -0.01%
VRSN F -0.01%
MAA B -0.01%
HEI B -0.01%
INVH D -0.01%
RPRX D -0.01%
EPAM C -0.01%
VTRS A -0.01%
TWLO A -0.01%
BIO D -0.01%
NET B -0.01%
APO B -0.01%
CTLT B -0.01%
DD D -0.01%
UNH C -0.01%
APA D -0.01%
EQR B -0.01%
DLTR F -0.01%
EXAS D -0.01%
NUE C -0.01%
CRL C -0.01%
AVB B -0.01%
FI A -0.01%
QRVO F -0.01%
TECH D -0.01%
CHRD D -0.01%
GDDY A -0.01%
BSY D -0.01%
CTSH B -0.01%
LYB F -0.0%
HII D -0.0%
ECL D -0.0%
CHRW C -0.0%
FNF B -0.0%
HEI B -0.0%
WBA F -0.0%
EXPD D -0.0%
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