WRND
IQ Global Equity R&D Leaders ETF
WRND tracks an index that seeks to provide exposure to global large- and mid-cap companies that have high research and development spending, and attractive future growth potential.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 9.6 M
ASSETS UNDER MGMT
19 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 | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| APPLE INC | 7.2 % |
| NVIDIA CORP | 7.1 % |
| ALPHABET INC. CLASS A | 5.4 % |
| ASML HOLDING NV | 4.6 % |
| TAIWAN SEMICONDUCTOR MANUFAC | 4.5 % |
| MICROSOFT CORP | 4.5 % |
| SAMSUNG ELECTRONICS CO LTD | 3.9 % |
| AMAZON.COM INC | 3.7 % |
| TESLA MOTORS INC | 3.1 % |
| BROADCOM INC. | 2.7 % |
Constituent Breakdown
| Number of holdings | 223 |
| Herfindahl-Hirschman Index | 326 |
| Wgt avg mkt cap (mns) | $1,637,877 |
| Large cap (>$10bn) | 93.2% |
| Mid cap ($2-10bn) | 1.7% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 80.1% |
| Emerging mkts. | 16.7% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 54.1 % |
 |
TAIWAN | 8.5 % |
 |
GERMANY | 6.5 % |
 |
SOUTH KOREA | 5.6 % |
 |
NETHERLANDS | 5.0 % |
 |
BRITAIN | 3.5 % |
 |
IRELAND | 2.1 % |
 |
DENMARK | 1.8 % |
 |
CHINA | 1.5 % |
 |
SWEDEN | 1.3 % |
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 | 17.1% | 20.5% | 19.8% | 21.9% | -- | -- | -- | 12.5% |
| Dividend Yield | 0.6% | 0.9% | 1.3% | 1.6% | -- | -- | -- | 1.8% |
| Total Returns | 17.7% | 21.4% | 21.1% | 23.4% | -- | -- | -- | 14.3% | Ann. Volatility | 20.8% | 19.7% | 19.2% | 17.6% | -- | -- | -- | 19.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.41 | 85% |
| MSCI EAFE | 1.01 | 66% |
| MSCI Emg Mkts | 0.66 | 72% |
Liquidity Measures
| Avg. volume (000) | 0 |
| ADV traded (mns) | $0 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.22% |
Technical Indicators
| 30d moving avg. (EMA) | $42.22 |
| Relative strength (RSI) | 43 |
| MACD/Signal | -0.61/-0.41 |
| Bollinger Bands (Upper/Lower) | $44.53/$39.96 |
| Short interest (% of AUM) | 0.1% |
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. WRND |
Expenses vs. WRND |
ALTAR Score™ vs. WRND |
|---|---|---|---|---|
| SPXN | ProShares S&P 500 Ex-Financials ETF | 48.3% | -6 bp | -0.2% |
| STXG | Strive 1000 Growth ETF | 48.2% | -1 bp | -1.2% |
| VUG | Vanguard Growth ETF | 48.0% | -16 bp | -0.7% |
| LRND | IQ U.S. Large Cap R&D Leaders ETF | 47.9% | -4 bp | -0.1% |
| RND | First Trust Bloomberg R&D Leaders ETF | 47.7% | +41 bp | -1.1% |
| USCA | Xtrackers MSCI USA Climate Action Equity ETF | 47.5% | -12 bp | -0.5% |
| USCL | iShares Climate Conscious & Transition MSCI USA ETF | 47.2% | -11 bp | -0.5% |
| MLRG | iShares MSCI USA ETF | 46.8% | -16 bp | -0.5% |
| MGC | Vanguard Mega Cap ETF | 46.8% | -14 bp | -0.6% |
| USNZ | Xtrackers Net Zero Pathway Paris Aligned US Equity ETF | 46.7% | -9 bp | -0.4% |
Risk and Returns: WRND 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 11/6/2026
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.
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ETF Research Center Rating
5.9%
ALTAR SCORE™
66th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 746 funds in the Global Equity category with an average
ALTAR Score™ of 4.8% and a standard deviation
of 2.6%. WRND's ALTAR Score™ is approximately 0.4 standard
deviations above the category average. This places WRND in the 66th percentile
among funds in the category.
Sell-Side Consensus
$53.06
PRICE TARGET
+38.8%
UPSIDE