WRND - ETF AI Analysis
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IQ Global Equity R&D Leaders ETF (WRND)
Rating:63Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown solid gains so far this year and over the past few months, indicating positive recent momentum.
Leading Growth Companies in Top Holdings
Several of the largest positions, including major technology and healthcare names, have delivered strong results that support the fund’s overall performance.
Global and Sector Diversification
Holdings spread across multiple countries and sectors, with meaningful exposure beyond the U.S., help reduce the impact of weakness in any single market or industry.
Negative Factors
High Concentration in a Few Tech Giants
A significant portion of the portfolio is tied up in a small group of large technology and communication services companies, increasing the impact if these stocks stumble.
Some Key Holdings Are Underperforming
A few major positions, including well-known technology and healthcare names, have shown weak performance this year, which can drag on overall returns.
Small Asset Base
The fund manages a relatively modest amount of assets, which can sometimes lead to lower trading volume and wider bid-ask spreads for investors.
WRND vs. SPDR S&P 500 ETF (SPY)
AUM10.48M
RegionGlobal
Expense Ratio0.18%
Beta1.06
IssuerNew York Life Investments
Inception DateFeb 08, 2022
Dividend Yield0.92%
Asset ClassEquity
Index TrackedNYLI Global Equity R&D Leaders Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume125
30 Day Avg. Volume370
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
50.20Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering180
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
WRND Summary
WRND is the IQ Global Equity R&D Leaders ETF, which follows the NYLI Global Equity R&D Leaders Index. It invests in companies around the world that spend heavily on research and development, aiming to lead in new technology and innovation. Big names in the fund include Nvidia and Alphabet (Google), along with other major tech and healthcare firms. Someone might invest in WRND to seek long-term growth and diversification across many innovative companies and countries. A key risk is that it leans heavily toward tech and growth stocks, so its price can swing up and down more than the overall market.
How much will it cost me?The IQ Global Equity R&D Leaders ETF (WRND) has an expense ratio of 0.18%, which means you’ll pay $1.80 per year for every $1,000 invested. This is lower than average for actively managed funds because it tracks an index, making it more cost-efficient while still focusing on innovative companies globally.
What would affect this ETF?The WRND ETF, with its strong focus on technology and innovation-driven companies like Nvidia, Apple, and Microsoft, could benefit from continued advancements in AI, cloud computing, and other cutting-edge technologies. However, it may face challenges if global economic conditions weaken, interest rates rise, or regulatory changes impact major tech firms. Its global exposure also means geopolitical tensions or trade disruptions could influence performance.
WRND Top 10 Holdings
WRND is leaning heavily into global Big Tech and chipmakers, with Nvidia and ASML acting as the main engines of recent gains as demand for AI and advanced semiconductors keeps them running hot. Alphabet and Apple are still solid pillars, but their momentum has turned a bit choppy lately, while Amazon looks more mixed as short‑term weakness offsets its longer-term growth story. Microsoft and Meta are currently losing steam and dragging on returns. Despite its global mandate, the fund’s story is dominated by large U.S. tech names, with a supporting cast from European innovators like ASML.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Alphabet Class A | 7.28% | $767.37K | $4.34T | 110.50% | 85 Outperform | |
| Nvidia | 7.07% | $744.46K | $4.71T | 22.22% | 76 Outperform | |
| Apple | 6.83% | $719.74K | $4.53T | 47.93% | 79 Outperform | |
| ASML Holding NV | 5.31% | $559.63K | €624.32B | 122.09% | 76 Outperform | |
| Amazon | 4.09% | $431.19K | $2.61T | 12.14% | 71 Outperform | |
| Microsoft | 4.03% | $424.64K | $2.90T | -22.12% | 79 Outperform | |
| Broadcom | 3.34% | $351.47K | $1.71T | 36.42% | 76 Outperform | |
| Meta Platforms | 3.15% | $331.36K | $1.48T | -14.58% | 76 Outperform | |
| Eli Lilly & Co | 2.71% | $285.61K | $1.14T | 58.88% | 72 Outperform | |
| AstraZeneca | 2.48% | $261.40K | $300.37B | 37.99% | 80 Outperform |
WRND Technical Analysis
Positive
―
Price Trends
41.73
Positive
39.76
Positive
38.39
Positive
Market Momentum
0.09
Negative
53.70
Neutral
77.62
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For WRND, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 41.65, equal to the 50-day MA of 41.73, and equal to the 200-day MA of 38.39, indicating a bullish trend. The MACD of 0.09 indicates Negative momentum. The RSI at 53.70 is Neutral, neither overbought nor oversold. The STOCH value of 77.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for WRND.
WRND Peer Comparison
Comparison Results
Performance Comparison
WRND
IQ Global Equity R&D Leaders ETF
42.06
9.56
29.42%
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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