LRND
IQ U.S. Large Cap R&D Leaders ETF
LRND tracks an index of 100 large-cap US companies selected and weighted based on the most recently reported one year research and development (R&D) spending.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 302.5 M
ASSETS UNDER MGMT
14 bp
EXPENSES
Fund Basics
| Inception date | Feb 08, 2022 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| NVIDIA CORP | 14.7 % |
| APPLE INC | 13.1 % |
| MICROSOFT CORP | 10.4 % |
| ALPHABET INC. CLASS A | 10.1 % |
| ELI LILLY & CO | 5.4 % |
| AMAZON.COM INC | 4.7 % |
| BROADCOM INC. | 4.6 % |
| META PLATFORMS INC | 4.2 % |
| CISCO SYSTEMS INC | 1.5 % |
| LAM RESEARCH CORP | 1.3 % |
Constituent Breakdown
| Number of holdings | 109 |
| Herfindahl-Hirschman Index | 710 |
| Wgt avg mkt cap (mns) | $2,263,530 |
| Large cap (>$10bn) | 93.5% |
| Mid cap ($2-10bn) | 0.6% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 94.3% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 91.9 % |
 |
IRELAND | 1.7 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 3.6% | 33.0% | 19.1% | 22.5% | -- | -- | -- | 13.2% |
| Dividend Yield | 0.1% | 0.8% | 1.0% | 1.2% | -- | -- | -- | 1.2% |
| Total Returns | 3.8% | 33.8% | 20.0% | 23.6% | -- | -- | -- | 14.4% | Ann. Volatility | 18.7% | 15.9% | 18.8% | 17.3% | -- | -- | -- | 20.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.21 | 90% |
| MSCI EAFE | 0.73 | 45% |
| MSCI Emg Mkts | 0.61 | 50% |
Liquidity Measures
| Avg. volume (000) | 62 |
| ADV traded (mns) | $3 |
| Turnover | 0.9% |
| Avg. Bid/Ask (% of price) | 0.06% |
Technical Indicators
| 30d moving avg. (EMA) | $41.33 |
| Relative strength (RSI) | 66 |
| MACD/Signal | 1.12/1.00 |
| Bollinger Bands (Upper/Lower) | $44.06/$40.05 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. LRND |
Expenses vs. LRND |
ALTAR Score™ vs. LRND |
|---|---|---|---|---|
| IWY | iShares Russell Top 200 Growth ETF | 66.0% | +6 bp | -0.4% |
| MGK | Vanguard Mega Cap Growth ETF | 65.6% | -7 bp | -0.6% |
| AGIX | KraneShares Artificial Intelligence and Technology ETF | 65.3% | +85 bp | -3.0% |
| VUG | Vanguard Growth ETF | 65.0% | -10 bp | -0.6% |
| RND | First Trust Bloomberg R&D Leaders ETF | 64.3% | +46 bp | -1.6% |
| QGRW | WisdomTree U.S. Quality Growth Fund | 63.9% | +14 bp | -1.0% |
| VONG | Vanguard Russell 1000 Growth ETF | 63.2% | -7 bp | -0.3% |
| PRXG | Praxis Impact Large Cap Growth ETF | 63.0% | +22 bp | -0.9% |
| IWF | iShares Russell 1000 Growth ETF | 62.8% | +5 bp | -0.4% |
| FBCG | Fidelity Blue Chip Growth ETF | 60.9% | +45 bp | -1.7% |
Risk and Returns: LRND vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 5/14/2026
Peer Group Comparison
Sample data. Subscribe for access.
Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
4.7%
ALTAR SCORE™
38th
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 1,206 funds in the US Equity category with an average
ALTAR Score™ of 5.4% and a standard deviation
of 2.1%. LRND's ALTAR Score™ is approximately -0.3 standard
deviations above the category average. This places LRND in the 38th percentile
among funds in the category.
Sell-Side Consensus
$51.81
PRICE TARGET
+16.5%
UPSIDE