LRND vs QQQ
NYLI US Large Cap R&D Leaders ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
LRND has a lower expense ratio. QQQ delivered stronger 1-year returns. LRND offers more diversification with 110 holdings.
Side-by-Side Comparison
| Metric | LRND | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.14% | 0.18% | |
| AUM | $388M | $455.8B | |
| Dividend Yield | 0.42% | 0.41% | |
| Holdings | 110 | 108 | |
| YTD Return | +16.86% | +19.68% | |
| 1Y Return | +25.42% | +26.75% | |
| 3Y Return (annualized) | +23.22% | +26.25% | |
| 5Y Return (annualized) | - | +15.39% | |
| Volatility (annualized) | 18.3% | 30.6% | |
| Max Drawdown | -25.4% | -83.0% | |
| Fund Family | INDEXIQ ETF TRUST | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Feb 8, 2022 | Mar 10, 1999 |
LRND vs QQQ Performance
NYLI US Large Cap R&D Leaders ETF (LRND) is a ETF from INDEXIQ ETF TRUST and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year LRND returned +25.42% while QQQ returned +26.75%. Year to date, LRND is up 16.86% versus a gain of 19.68% for QQQ.
Over three years, LRND compounded at +23.22% per year against +26.25% for QQQ. Across the full 5-year window we track, LRND has the edge at +16.42% annualized vs +13.15%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 18.3% for LRND. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -25.4% for LRND and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
LRND charges 0.14% per year while QQQ charges 0.18%. On a $10,000 position that is $14 vs $18 annually, a gap of $4 per year that compounds over a long holding period. On income, LRND currently yields 0.42% against 0.41% for QQQ.
Holdings Overlap
LRND and QQQ share 35 holdings out of 176 unique holdings combined, representing a 47.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, LRND or QQQ?
LRND has an expense ratio of 0.14% while QQQ charges 0.18%. LRND is the cheaper option. On a $10,000 investment, that is $4 per year of difference.
Which performed better, LRND or QQQ?
Over the past year LRND returned +25.42% vs +26.75% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (5 years), LRND annualized +16.42% vs +13.15% for QQQ. Past performance does not guarantee future results.
Which is riskier, LRND or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 18.3% for LRND. Worst drawdown: LRND -25.4% vs QQQ -83.0%.
Should I hold both LRND and QQQ?
LRND and QQQ have a monthly-return correlation of 0.96, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between LRND and QQQ?
LRND and QQQ share 35 common holdings with a 47.6% weight overlap. Combined, they hold 176 unique securities.
Which pays a higher dividend, LRND or QQQ?
LRND yields 0.42% while QQQ yields 0.41%, so LRND currently pays the higher dividend yield.
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