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
$ 424.4 M
ASSETS UNDER MGMT
15 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 | 17.0 % |
| ALPHABET INC. CLASS A | 12.5 % |
| APPLE INC | 9.0 % |
| BROADCOM INC. | 6.3 % |
| MICROSOFT CORP | 5.4 % |
| META PLATFORMS INC | 5.2 % |
| AMAZON.COM INC | 4.4 % |
| ADVANCED MICRO DEVICES | 4.2 % |
| ELI LILLY & CO | 4.1 % |
| PALANTIR TECHNOLOGIES INC. CLASS A | 1.8 % |
Constituent Breakdown
| Number of holdings | 108 |
| Herfindahl-Hirschman Index | 703 |
| Wgt avg mkt cap (mns) | $2,556,302 |
| Large cap (>$10bn) | 95.5% |
| Mid cap ($2-10bn) | 0.6% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 96.1% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 95.1 % |
 |
IRELAND | 0.6 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 17.3% | 20.1% | 19.8% | 23.9% | -- | -- | -- | 15.0% |
| Dividend Yield | 0.2% | 0.3% | 0.7% | 1.0% | -- | -- | -- | 1.1% |
| Total Returns | 17.5% | 20.5% | 20.5% | 24.9% | -- | -- | -- | 16.1% | Ann. Volatility | 18.1% | 17.4% | 19.2% | 17.8% | -- | -- | -- | 19.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.25 | 86% |
| MSCI EAFE | 0.74 | 46% |
| MSCI Emg Mkts | 0.48 | 49% |
Liquidity Measures
| Avg. volume (000) | 23 |
| ADV traded (mns) | $1 |
| Turnover | 0.2% |
| Avg. Bid/Ask (% of price) | 0.07% |
Technical Indicators
| 30d moving avg. (EMA) | $47.35 |
| Relative strength (RSI) | 46 |
| MACD/Signal | -0.15/0.16 |
| Bollinger Bands (Upper/Lower) | $49.64/$46.04 |
| 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 | 60.6% | +5 bp | -0.3% |
| MGK | Vanguard Mega Cap Growth ETF | 60.4% | -10 bp | -0.4% |
| FELG | Fidelity Enhanced Large Cap Growth ETF | 60.4% | +3 bp | -0.8% |
| PJFG | PGIM Jennison Focused Growth ETF | 60.0% | +60 bp | -2.3% |
| QGRW | WisdomTree U.S. Quality Growth Fund | 59.9% | +13 bp | -0.6% |
| VONG | Vanguard Russell 1000 Growth ETF | 59.0% | -9 bp | -0.3% |
| IWF | iShares Russell 1000 Growth ETF | 58.9% | +3 bp | -0.4% |
| VUG | Vanguard Growth ETF | 58.4% | -12 bp | -0.3% |
| FBCG | Fidelity Blue Chip Growth ETF | 57.8% | +42 bp | -1.2% |
| IGM | iShares Expanded Tech Sector ETF | 57.3% | +22 bp | -1.1% |
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.
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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
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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 11/1/2026
Peer Group Comparison
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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.
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ETF Research Center Rating
5.5%
ALTAR SCORE™
50th
PERCENTILE
NEUTRAL
ETFRC RATING
There are 1,400 funds in the US Equity category with an average
ALTAR Score™ of 5.5% and a standard deviation
of 2.1%. LRND's ALTAR Score™ is approximately 0.0 standard
deviations above the category average. This places LRND in the 50th percentile
among funds in the category.
Sell-Side Consensus
$57.75
PRICE TARGET
+29.1%
UPSIDE