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Trending ETFs

NYLI U.S. Large Cap R&D Leaders ETF

ETF
LRND
Payout Change
Pending
Price as of:
$33.2644 +0.32 +0.97%
primary theme
N/A
LRND (ETF)

NYLI U.S. Large Cap R&D Leaders ETF

Payout Change
Pending
Price as of:
$33.2644 +0.32 +0.97%
primary theme
N/A
LRND (ETF)

NYLI U.S. Large Cap R&D Leaders ETF

Payout Change
Pending
Price as of:
$33.2644 +0.32 +0.97%
primary theme
N/A

Name

As of 11/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$33.26

$8.18 M

1.02%

$0.34

0.15%

Vitals

YTD Return

18.3%

1 yr return

31.9%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$8.18 M

Holdings in Top 10

49.8%

52 WEEK LOW AND HIGH

$32.9
$25.45
$34.05

Expenses

OPERATING FEES

Expense Ratio 0.15%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 11/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$33.26

$8.18 M

1.02%

$0.34

0.15%

LRND - Profile

Distributions

  • YTD Total Return 18.3%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 1.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    NYLI U.S. Large Cap R&D Leaders ETF
  • Fund Family Name
    IndexIQ
  • Inception Date
    Feb 08, 2022
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    James Harrison

Fund Description

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The Underlying Index/spanspan style="text-transform: none" includes securities of large-capitalization companies that trade in the U.S. As of June 30, 2024, the market capitalization range of the Underlying Index was approximately $477.28 million to $3.32 trillion./spanspan style="text-transform: none" As of June 30, 2024, the primary sectors within the Underlying/spanspan style="text-transform: none" Index were information technology, health care, and communication services. The Fund invests, under normal circumstances, at least 80% of its net assets, plus the/spanspan style="text-transform: none" amount of any borrowings for investment purposes, in the investments included in its /spanspan style="text-transform: none"Underlying Index./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"The securities/spanspan style="text-transform: none" eligible for inclusion in the Underlying Index are those securities/spanspan style="text-transform: none" included in the Russell 1000/spansup style="text-transform: none; font-size: 7pt; line-height: 7pt"®/supspan style="text-transform: none" Index. The Underlying Index consists of the 100 eligible component securities with the highest dollar amount of research and development spending /spanspan style="text-transform: none"during the previous year. Research and development spending includes expenditures on research and development intended for the development of concepts or ideas for new products or services by which the issuer can /spanspan style="text-transform: none"increase revenues./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"Securities selected for inclusion in the Underlying Index are weighted based on the issuer’s total Ramp;D spending relative to /spanspan style="text-transform: none"the other securities selected for inclusion in the Underlying Index, /spanspan style="text-transform: none"subject to a maximum weight at the time of rebalance of the greater of (i) 5%, or (ii) the weight of a component’s issuer in the Russell1000/spansup style="text-transform: none; font-size: 7pt; line-height: 7pt"®/supspan style="text-transform: none" Growth Index plus 2% (“Component Weight Cap”). To the extent a component would exceed the Component Weight Cap at the time of rebalance, the excess percentage is allocated proportionately among the other components of the Underlying Index. The Underlying Index is reconstituted and /spanspan style="text-transform: none"rebalanced quarterly./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"Additionally, at the time of rebalance, the Underlying Index limits the maximum weight of all securities within each sector to the greater of (i) 30% of the Underlying Index, or (ii) the weight of the sector in the Russell 1000 Growth Index plus 5% (“Sector Weight Cap”). To the extent the securities within a sector would exceed the Sector Weight Cap at the time of rebalance, the excess percentage is allocated proportionately among securities within the other sectors of the /spanspan style="text-transform: none"Underlying Index./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"The Fund generally will invest in all of the securities that comprise its Underlying Index in proportion to their weightings in the Underlying Index. The Fund has adopted a policy to invest, under normal circumstances, at least 80% of the value of its assets (net assets plus the amount of any borrowings for investment purposes) in securities of U.S. /spanspan style="text-transform: none"large-capitalization issuers./span/p p style="font: 9pt/11.5pt Arial, sans-serif; margin: 0pt 0pt 9pt; text-transform: none; color: #000000; text-indent: 0pt; text-align: justify"span style="text-transform: none"The Underlying Index may include as a component one or more ETFs advised by the Advisor (“Affiliated ETFs”) and the Fund will typically invest in /spanspan style="text-transform: none"any Affiliated ETF included in the Underlying Index. The Fund /spanspan style="text-transform: none"also may invest in Affiliated ETFs that are not components of the index if such an investment will help the Fund track the /spanspan style="text-transform: none"Underlying Index./span/p
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LRND - Performance

Return Ranking - Trailing

Period LRND Return Category Return Low Category Return High Rank in Category (%)
YTD 18.3% -51.8% 22.1% N/A
1 Yr 31.9% -58.9% 46.9% N/A
3 Yr N/A* -25.7% 197.6% N/A
5 Yr N/A* -29.1% 93.8% N/A
10 Yr N/A* -17.2% 37.0% N/A

* Annualized

Return Ranking - Calendar

Period LRND Return Category Return Low Category Return High Rank in Category (%)
2023 42.2% -69.4% 53.7% N/A
2022 N/A -94.0% 152.6% N/A
2021 N/A -13.9% 183.6% N/A
2020 N/A -18.2% 8.9% N/A
2019 N/A -80.2% 35.2% N/A

Total Return Ranking - Trailing

Period LRND Return Category Return Low Category Return High Rank in Category (%)
YTD 18.3% -97.2% 22.1% N/A
1 Yr 31.9% -58.9% 67.6% N/A
3 Yr N/A* -25.7% 197.6% N/A
5 Yr N/A* -28.1% 93.8% N/A
10 Yr N/A* -11.8% 37.0% N/A

* Annualized

Total Return Ranking - Calendar

Period LRND Return Category Return Low Category Return High Rank in Category (%)
2023 44.1% -69.4% 53.7% N/A
2022 N/A -94.0% 152.6% N/A
2021 N/A -13.9% 183.6% N/A
2020 N/A -12.8% 8.9% N/A
2019 N/A -60.0% 35.2% N/A

LRND - Holdings

Concentration Analysis

LRND Category Low Category High LRND % Rank
Net Assets 8.18 M 177 K 1.21 T 98.39%
Number of Holdings 103 2 4154 49.52%
Net Assets in Top 10 3.63 M 1.74 K 270 B 97.37%
Weighting of Top 10 49.78% 1.8% 100.0% 9.96%

Top 10 Holdings

  1. Alphabet Inc 8.57%
  2. Amazon.com Inc 8.51%
  3. Apple Inc 6.44%
  4. Meta Platforms Inc 5.83%
  5. Microsoft Corp 5.20%
  6. Merck Co Inc 4.35%
  7. Johnson Johnson 3.21%
  8. Intel Corp 3.20%
  9. Pfizer Inc 2.31%
  10. Bristol-Myers Squibb Co 2.16%

Asset Allocation

Weighting Return Low Return High LRND % Rank
Stocks
99.92% 0.00% 130.24% 23.65%
Cash
0.28% -102.29% 100.00% 74.07%
Preferred Stocks
0.00% 0.00% 2.23% 10.17%
Other
0.00% -13.91% 134.98% 10.93%
Convertible Bonds
0.00% 0.00% 5.54% 5.26%
Bonds
0.00% -0.04% 95.81% 6.43%

Stock Sector Breakdown

Weighting Return Low Return High LRND % Rank
Utilities
0.00% 0.00% 25.44% 84.73%
Technology
0.00% 0.00% 48.94% 0.42%
Real Estate
0.00% 0.00% 37.52% 86.27%
Industrials
0.00% 0.00% 29.90% 97.76%
Healthcare
0.00% 0.00% 60.70% 0.70%
Financial Services
0.00% 0.00% 55.59% 99.09%
Energy
0.00% 0.00% 41.64% 83.05%
Communication Services
0.00% 0.00% 27.94% 4.90%
Consumer Defense
0.00% 0.00% 49.14% 97.48%
Consumer Cyclical
0.00% 0.00% 50.47% 14.85%
Basic Materials
0.00% 0.00% 26.10% 91.46%

Stock Geographic Breakdown

Weighting Return Low Return High LRND % Rank
US
99.92% 0.00% 127.77% 10.79%
Non US
0.00% 0.00% 33.51% 78.98%

LRND - Expenses

Operational Fees

LRND Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.15% 0.01% 2.95% 91.96%
Management Fee 0.14% 0.00% 2.00% 13.00%
12b-1 Fee N/A 0.00% 1.00% 0.57%
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

LRND Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

LRND Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

LRND Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 496.00% N/A

LRND - Distributions

Dividend Yield Analysis

LRND Category Low Category High LRND % Rank
Dividend Yield 1.02% 0.00% 19.15% 36.73%

Dividend Distribution Analysis

LRND Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

LRND Category Low Category High LRND % Rank
Net Income Ratio N/A -54.00% 6.06% N/A

Capital Gain Distribution Analysis

LRND Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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LRND - Fund Manager Analysis

Managers

James Harrison


Start Date

Tenure

Tenure Rank

Feb 08, 2022

0.31

0.3%

James Harrison has been a member of the portfolio management team of IndexIQ Advisors LLC since 2015. Prior to joining IndexIQ, Mr. Harrison served as trading assistant, operations specialist and sales assistant at Cuttone & Company from 2010 to 2015. Mr. Harrison is a graduate of St. Lawrence University.

Greg Barrato


Start Date

Tenure

Tenure Rank

Feb 08, 2022

0.31

0.3%

Mr. Barrato has managed the MainStay VP IQ Hedge Multi-Strategy Portfolio since inception. Mr. Barrato joined IndexIQ Advisors LLC as a Vice President in November 2010 and has been a Senior Vice President of the IndexIQ Advisors LLC since August 2013. Prior to joining IndexIQ Advisors LLC, Mr. Barrato served as Head Global Equity Trader and Trader at Lucerne Capital Management, LLC from 2008 to 2010 and as Assistant Trader and Operations Manager at ReachCapital Management, LP from 2004 to 2008. Mr. Barrato is a 2002 graduate of the University of Connecticut.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.17 2.42