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Morningstar

IQ Global Equity R&D Leaders ETF WRND

Morningstar Medalist Rating
Medalist Rating as of | See New York Life Investment Hub

Morningstar’s Analysis WRND

Will WRND outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable WRND’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the WRND management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of WRND’s parent organization’s priorities and whether they’re in line with investors’ interests.

A change in pillar rating is the primary driver of IQ Global Equity R&D Leaders ETF's downgrade to a Morningstar Medalist Rating of Bronze from Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings WRND

More WRND Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 33.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Amazon.com Inc

5.94 388,794
Consumer Cyclical

Alphabet Inc Class A

5.71 373,951
Communication Services

Meta Platforms Inc Class A

3.66 239,730
Communication Services

Apple Inc

3.38 221,009
Technology

Merck & Co Inc

3.18 208,199
Healthcare

Microsoft Corp

2.86 186,993
Technology

Samsung Electronics Co Ltd

2.76 180,683
Technology

Volkswagen AG Participating Preferred

2.19 143,124
Consumer Cyclical

Roche Holding AG

1.78 116,844
Healthcare

Johnson & Johnson

1.54 100,671
Healthcare