Iq Large Cap Etf Profile
| LRND Etf | USD 33.89 0.14 0.41% |
Performance6 of 100
| Odds Of DistressLess than 9
|
IQ Large is trading at 33.89 as of the 24th of November 2024, a 0.41 percent increase since the beginning of the trading day. The etf's lowest day price was 33.89. IQ Large has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for IQ Large Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
The underlying index seeks to provide exposure to innovative companies by investing in the equities of U.S. large cap companies that have high research and development spending. IQ US is traded on NASDAQ Exchange in the United States. More on IQ Large Cap
Moving together with LRND Etf
| 0.86 | VTI | Vanguard Total Stock | PairCorr |
| 0.97 | SPY | SPDR SP 500 Aggressive Push | PairCorr |
| 0.87 | IVV | iShares Core SP | PairCorr |
| 0.81 | VIG | Vanguard Dividend | PairCorr |
| 0.86 | VV | Vanguard Large Cap | PairCorr |
| 0.83 | RSP | Invesco SP 500 | PairCorr |
Moving against LRND Etf
LRND Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Large Cap ETFs, Size And Style ETFs, Large Blend, IndexIQ (View all Sectors) |
| Issuer | New York Life Investments |
| Inception Date | 2022-02-08 |
| Benchmark | NYLI U.S. Large Cap R&D Leaders Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 7.59 Million |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | The Bank of New York Mellon Corporation |
| Advisor | New York Life Investment Management LLC |
| Custodian | The Bank of New York Mellon Corporation |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Greg Barrato, Francis Ok |
| Transfer Agent | The Bank of New York Mellon Corporation |
| Fiscal Year End | 30-Apr |
| Exchange | NASDAQ |
| Number of Constituents | 103 |
| Market Maker | GTS |
| Total Expense | 0.15 |
| Management Fee | 0.14 |
| Country Name | USA |
| Returns Y T D | 21.55 |
| Name | IQ U.S. Large Cap RD Leaders ETF |
| Currency Code | USD |
| Open Figi | BBG0155LMGJ5 |
| 1y Volatility | 13.71 |
| 200 Day M A | 32.0059 |
| 50 Day M A | 33.4788 |
| Code | LRND |
| Updated At | 23rd of November 2024 |
| Currency Name | US Dollar |
| Type | ETF |
IQ Large Cap [LRND] is traded in USA and was established 2022-02-08. The fund is listed under Large Blend category and is part of IndexIQ family. The entity is thematically classified as Large Cap ETFs. IQ Large Cap now have 3.84 M in assets. , while the total return for the last year was 29.5%.
Check IQ Large Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on LRND Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding LRND Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as IQ Large Cap Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top IQ Large Cap Etf Constituents
| AAPL | Apple Inc | Stock | Information Technology | |
| AMZN | Amazon Inc | Stock | Consumer Discretionary | |
| BMY | Bristol Myers Squibb | Stock | Health Care | |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services | |
| INTC | Intel | Stock | Information Technology | |
| JNJ | Johnson Johnson | Stock | Health Care | |
| META | Meta Platforms | Stock | Communication Services | |
| MRK | Merck Company | Stock | Health Care |
IQ Large Cap Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IQ Large. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.075 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.04) |
IQ Large Against Markets
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in IQ Large Cap. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of IQ Large Cap is measured differently than its book value, which is the value of LRND that is recorded on the company's balance sheet. Investors also form their own opinion of IQ Large's value that differs from its market value or its book value, called intrinsic value, which is IQ Large's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IQ Large's market value can be influenced by many factors that don't directly affect IQ Large's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IQ Large's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ Large is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ Large's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.