WRND vs. TECB ETF Comparison

Comparison of IQ Global Equity R&D Leaders ETF (WRND) to iShares U.S. Tech Breakthrough Multisector ETF (TECB)

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

TECB

iShares U.S. Tech Breakthrough Multisector ETF

TECB Description

The fund seeks to track the investment results of the NYSE FactSet U.S. Tech Breakthrough Index (the underlying index), which measures the performance of U.S. listed companies engaged in cutting edge research and development of products and services in the areas of robotics and artificial intelligence, cyber security, cloud and data tech, financial technology, and genomics and immunology. It generally will invest at least 90% of its assets in the component securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.75

Average Daily Volume

19,582

Number of Holdings ^*

164

* may have additional holdings in another (foreign) market

Performance

Period	WRND	TECB
30 Days	-3.04%	4.27%
60 Days	-1.63%	6.85%
90 Days	-2.05%	8.89%
12 Months	17.94%	36.62%

37 Overlapping Holdings

Symbol	Grade	Weight in WRND	Weight in TECB	Overlap
AAPL	C	3.25%	4.02%	3.25%
ADBE	C	0.39%	3.07%	0.39%
ADI	D	0.15%	1.42%	0.15%
ADSK	A	0.17%	0.87%	0.17%
AMD	F	0.57%	3.01%	0.57%
AMZN	C	6.24%	4.0%	4.0%
CRM	B	0.66%	4.67%	0.66%
EBAY	D	0.16%	0.45%	0.16%
GILD	C	0.64%	2.02%	0.64%
GOOGL	C	5.25%	3.67%	3.67%
HPQ	B	0.19%	0.53%	0.19%
INCY	C	0.29%	0.31%	0.29%
INTC	C	1.97%	1.34%	1.34%
INTU	B	0.3%	1.14%	0.3%
ISRG	A	0.12%	2.47%	0.12%
JNPR	D	0.11%	0.33%	0.11%
MCHP	F	0.09%	0.46%	0.09%
MELI	C	0.21%	1.35%	0.21%
META	D	4.08%	4.19%	4.08%
MRK	D	1.59%	2.66%	1.59%
MRNA	F	0.27%	0.25%	0.25%
MSFT	D	2.97%	3.52%	2.97%
NFLX	A	0.35%	4.51%	0.35%
NOW	A	0.26%	3.1%	0.26%
NTAP	C	0.11%	0.36%	0.11%
NVDA	B	1.34%	4.33%	1.34%
ORCL	A	1.05%	4.39%	1.05%
PANW	B	0.22%	3.38%	0.22%
PINS	F	0.11%	0.24%	0.11%
PYPL	B	0.34%	0.54%	0.34%
QCOM	F	0.9%	2.38%	0.9%
REGN	F	0.29%	1.5%	0.29%
SNOW	B	0.19%	0.56%	0.19%
SQ	A	0.39%	0.29%	0.29%
TEAM	A	0.34%	0.56%	0.34%
TXN	C	0.21%	2.53%	0.21%
WDC	D	0.19%	0.3%	0.19%

WRND Overweight 75 Positions Relative to TECB

Symbol	Grade	Weight
JNJ	C	1.48%
GM	C	1.2%
BMY	B	1.17%
NVS	F	0.96%
BABA	D	0.95%
PFE	F	0.94%
CSCO	B	0.93%
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%
HMC	F	0.65%
AMGN	F	0.47%
BIDU	F	0.39%
MU	D	0.38%
BA	F	0.36%
UBER	F	0.31%
AMAT	F	0.3%
ABT	B	0.3%
EA	A	0.3%
RTX	D	0.3%
MDT	D	0.28%
WDAY	B	0.28%
HPE	B	0.27%
TCOM	B	0.27%
CAT	B	0.24%
NXPI	D	0.24%
SHOP	B	0.24%
MRVL	B	0.24%
DE	B	0.24%
SPOT	B	0.22%
LI	F	0.22%
SNPS	B	0.22%
PG	C	0.21%
BGNE	D	0.2%
CMI	A	0.19%
ABNB	C	0.19%
NIO	F	0.19%
HON	C	0.18%
EXPE	B	0.18%
GE	D	0.18%
LRCX	F	0.18%
RIVN	F	0.17%
BSX	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%
SYK	B	0.15%
ILMN	C	0.14%
DASH	B	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%
GEHC	D	0.12%
LPL	D	0.11%
KLAC	F	0.11%
UL	D	0.11%
ALNY	D	0.1%
APTV	F	0.1%
LCID	F	0.07%

WRND Underweight 127 Positions Relative to TECB

Symbol	Grade	Weight
V	A	-2.93%
MA	B	-2.64%
CRWD	B	-2.06%
FTNT	C	-1.66%
EQIX	A	-1.24%
DLR	B	-0.85%
MSTR	B	-0.81%
FI	A	-0.75%
BAH	F	-0.61%
AME	A	-0.58%
HUBS	A	-0.5%
ZS	B	-0.5%
IRM	C	-0.48%
CPNG	D	-0.42%
ANSS	B	-0.39%
AKAM	D	-0.36%
COIN	C	-0.36%
GDDY	A	-0.34%
OKTA	C	-0.33%
CACI	D	-0.33%
MDB	B	-0.3%
FIS	C	-0.29%
NTNX	B	-0.25%
TWLO	A	-0.23%
PSTG	D	-0.22%
SAIC	F	-0.21%
S	B	-0.19%
GPN	B	-0.18%
SRPT	F	-0.17%
EXEL	B	-0.17%
BR	A	-0.16%
QLYS	B	-0.15%
VRNS	D	-0.15%
SNAP	D	-0.15%
CPAY	A	-0.15%
RVMD	C	-0.14%
TENB	C	-0.13%
LUMN	C	-0.12%
SSNC	B	-0.1%
GWRE	A	-0.1%
DBX	B	-0.1%
GTLB	B	-0.1%
BPMC	B	-0.1%
CVLT	B	-0.1%
AFRM	A	-0.09%
PARA	C	-0.09%
TW	A	-0.09%
TOST	B	-0.09%
ETSY	D	-0.09%
CFLT	B	-0.09%
LSCC	D	-0.09%
CGNX	D	-0.09%
ALTR	B	-0.08%
ALRM	C	-0.08%
JKHY	D	-0.08%
SOFI	B	-0.08%
BSY	F	-0.08%
RPD	B	-0.07%
ACLX	C	-0.07%
YOU	D	-0.06%
MKTX	D	-0.06%
WEX	D	-0.05%
INFA	D	-0.05%
CALX	D	-0.05%
PEGA	B	-0.05%
BILL	A	-0.05%
ACIW	B	-0.04%
QTWO	A	-0.04%
PTON	A	-0.04%
FOUR	A	-0.04%
LGND	C	-0.04%
BEAM	D	-0.04%
IOVA	F	-0.04%
SWTX	C	-0.04%
OMF	A	-0.04%
FRSH	B	-0.04%
TDC	D	-0.04%
PRGS	A	-0.04%
AI	B	-0.04%
SLAB	F	-0.04%
TWST	F	-0.04%
EEFT	B	-0.03%
BCRX	D	-0.03%
CCCS	B	-0.03%
WK	B	-0.03%
NTLA	F	-0.03%
DVAX	C	-0.03%
DOCN	C	-0.03%
ATEN	A	-0.03%
UPST	B	-0.03%
GERN	D	-0.03%
PAR	A	-0.02%
SYM	C	-0.02%
ENVA	B	-0.02%
VERX	A	-0.02%
FLYW	B	-0.02%
MTTR	B	-0.02%
VIRT	A	-0.02%
BL	B	-0.02%
NVAX	F	-0.02%
ZUO	B	-0.02%
NCNO	C	-0.02%
CWAN	B	-0.02%
SIRI	C	-0.02%
AVPT	A	-0.02%
APPN	B	-0.02%
INTA	B	-0.02%
XNCR	B	-0.02%
DDD	C	-0.01%
ARCT	F	-0.01%
MQ	D	-0.01%
BMBL	C	-0.01%
DFIN	D	-0.01%
AVDX	B	-0.01%
BASE	B	-0.01%
ALKT	B	-0.01%
PRLB	B	-0.01%
FSLY	D	-0.01%
RCUS	F	-0.01%
CXM	C	-0.01%
PAYO	A	-0.01%
VIR	D	-0.01%
VMEO	B	-0.01%
LPRO	B	-0.0%
WRLD	C	-0.0%
RPAY	D	-0.0%
DNA	F	-0.0%