IQ Global Equity R&D Leaders ETF (WRND)
WRND is a passive ETF by IndexIQ tracking the investment results of the IQ Global Equity R&D Leaders Index - Benchmark TR Net. WRND launched on Feb 8, 2022 and has a 0.18% expense ratio.
ETF Info
| ISIN | US45409B2557 |
|---|---|
| Issuer | IndexIQ |
| Inception Date | Feb 8, 2022 |
| Region | Global (Broad) |
| Category | Global Equities |
| Leveraged | 1x |
| Index Tracked | IQ Global Equity R&D Leaders Index - Benchmark TR Net |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
WRND has an expense ratio of 0.18%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
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Popular comparisons: WRND vs. QQQ, WRND vs. GABF
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in IQ Global Equity R&D Leaders ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
IQ Global Equity R&D Leaders ETF had a return of 11.88% year-to-date (YTD) and 19.36% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 11.88% | 17.79% |
| 1 month | -1.19% | 0.18% |
| 6 months | 2.99% | 7.53% |
| 1 year | 19.36% | 26.42% |
| 5 years (annualized) | N/A | 13.48% |
| 10 years (annualized) | N/A | 10.85% |
Monthly Returns
The table below presents the monthly returns of WRND, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.11% | 5.67% | 3.31% | -4.08% | 4.26% | 3.09% | -0.15% | 1.53% | 11.88% | ||||
| 2023 | 10.10% | -2.39% | 7.80% | 0.41% | 2.90% | 5.84% | 3.55% | -2.88% | -4.03% | -3.88% | 8.93% | 5.34% | 34.86% |
| 2022 | -3.86% | 0.40% | -8.59% | 1.79% | -8.14% | 5.93% | -5.14% | -10.44% | 3.95% | 10.38% | -5.12% | -19.17% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of WRND is 54, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for IQ Global Equity R&D Leaders ETF (WRND) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
IQ Global Equity R&D Leaders ETF granted a 1.80% dividend yield in the last twelve months. The annual payout for that period amounted to $0.52 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $0.52 | $0.54 | $0.41 |
Dividend yield | 1.80% | 2.06% | 2.06% |
Monthly Dividends
The table displays the monthly dividend distributions for IQ Global Equity R&D Leaders ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.00 | $0.16 | |||
| 2023 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.21 | $0.54 |
| 2022 | $0.06 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.41 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the IQ Global Equity R&D Leaders ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the IQ Global Equity R&D Leaders ETF was 27.16%, occurring on Oct 14, 2022. Recovery took 165 trading sessions.
The current IQ Global Equity R&D Leaders ETF drawdown is 4.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -27.16% | Feb 10, 2022 | 171 | Oct 14, 2022 | 165 | Jun 13, 2023 | 336 |
| -11.71% | Jul 31, 2023 | 64 | Oct 27, 2023 | 33 | Dec 14, 2023 | 97 |
| -10.34% | Jul 15, 2024 | 16 | Aug 5, 2024 | — | — | — |
| -5.42% | Apr 2, 2024 | 14 | Apr 19, 2024 | 16 | May 13, 2024 | 30 |
| -3.52% | Jun 16, 2023 | 6 | Jun 26, 2023 | 12 | Jul 13, 2023 | 18 |
Volatility
Volatility Chart
The current IQ Global Equity R&D Leaders ETF volatility is 4.75%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.