Key stats
About NYLI U.S. Large Cap R&D Leaders ETF
Home page
Inception date
Feb 8, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
New York Life Investment Management LLC
Distributor
ALPS Distributors, Inc.
LRND focuses on large-cap US companies with the highest expenditures on research and development (R&D). This is expected for innovation and development of concepts for new products or services by which the company can increase revenues. The issuer believes R&D spending is an indicator of a firms growth potential and expansion capabilities. Starting with the Russell 1000 Index constituents, the fund selects and weights the top 100 companies based on the most recently reported dollar amount of R&D spending during the previous year. The fund pulls the R&D data from a FactSet standardized table which aims to reconcile companies reporting differences. The index reconstitutes and rebalances quarterly so that no individual security exceeds 5% weight. LRND is part of IndexIQs Research and Development ETFs suite along with MRND and WRND, which focuses on US mid-caps and global equities, respectively. Prior to Aug. 28, 2024, the fund name was branded under IndexIQ.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Health Technology
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
LRND trades at 36.86 USD today, its price has fallen −0.05% in the past 24 hours. Track more dynamics on LRND price chart.
LRND net asset value is 36.87 today — it's risen 5.74% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
LRND assets under management is 8.30 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
LRND price has risen by 5.73% over the last month, and its yearly performance shows a 11.79% increase. See more dynamics on LRND price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.74% over the last month, showed a 24.37% increase in three-month performance and has increased by 10.72% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.74% over the last month, showed a 24.37% increase in three-month performance and has increased by 10.72% in a year.
LRND fund flows account for 5.13 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
LRND invests in stocks. See more details in our Analysis section.
LRND expense ratio is 0.14%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, LRND isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, LRND technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating LRND shows the buy signal. See more of LRND technicals for a more comprehensive analysis.
Today, LRND technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating LRND shows the buy signal. See more of LRND technicals for a more comprehensive analysis.
Yes, LRND pays dividends to its holders with the dividend yield of 0.92%.
LRND trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
LRND shares are issued by New York Life Insurance Co.
LRND follows the NYLI U.S. Large Cap R&D Leaders Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 8, 2022.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.