- ISIN
- US45409B2557
- Issuer
- IndexIQ
- Inception Date
- Feb 8, 2022
- Region
- Global (Broad)
- Category
- Global Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- IQ Global Equity R&D Leaders Index - Benchmark TR Net
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $9M
Share Price Chart
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Performance
WRND Performance Chart
IQ Global Equity R&D Leaders ETF (WRND) is up 13.6% since the beginning of the year. WRND is currently trading at $42 per share.
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Returns By Period
IQ Global Equity R&D Leaders ETF (WRND) has returned 13.58% so far this year and 33.26% over the past 12 months.
IQ Global Equity R&D Leaders ETF
- 1D
- -1.02%
- 1M
- 0.75%
- YTD
- 13.58%
- 6M
- 15.34%
- 1Y
- 33.26%
- 3Y*
- 20.23%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.57%
- 1M
- 1.39%
- YTD
- 9.73%
- 6M
- 10.46%
- 1Y
- 24.50%
- 3Y*
- 19.43%
- 5Y*
- 12.21%
- 10Y*
- 13.75%
WRND Monthly Returns History
Based on dividend-adjusted daily data since Feb 8, 2022, WRND's average daily return is +0.06%, while the average monthly return is +1.23%. At this rate, an investment would double in approximately 4.7 years.
Historically, 64% of months were positive and 36% were negative. The best month was Apr 2026 with a return of +14.0%, while the worst month was Sep 2022 at -10.4%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.
On a daily basis, WRND closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +9.1%, while the worst single day was Apr 4, 2025 at -5.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.61% | -0.52% | -6.90% | 14.00% | 5.14% | -2.20% | 13.58% | ||||||
| 2025 | 4.48% | 0.62% | -4.27% | -0.45% | 5.24% | 5.41% | 1.90% | 3.53% | 5.60% | 4.65% | -1.60% | 0.19% | 27.72% |
| 2024 | 0.11% | 5.67% | 3.31% | -4.08% | 4.27% | 3.09% | -0.15% | 1.53% | 1.85% | -3.05% | 0.57% | 0.04% | 13.46% |
| 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% | 34.85% |
| 2022 | -3.86% | 0.40% | -8.59% | 1.79% | -8.14% | 5.92% | -5.13% | -10.44% | 3.94% | 10.38% | -5.12% | -19.17% |
Benchmark Metrics
IQ Global Equity R&D Leaders ETF has an annualized alpha of 1.80%, beta of 1.01, and R2 of 0.86 versus S&P 500 Index. Calculated based on daily prices since February 08, 2022.
- This ETF captured 109.09% of S&P 500 Index gains and 102.32% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- With beta of 1.01 and R2 of 0.86, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 1.80%
- Beta
- 1.01
- R²
- 0.86
- Upside Capture
- 109.09%
- Downside Capture
- 102.32%
Expense Ratio
WRND has an expense ratio of 0.18%, which is considered low.
Return for Risk
Risk / Return Rank
WRND ranks 59 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for IQ Global Equity R&D Leaders ETF (WRND) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WRND | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.36 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.69 | 2.71 | -0.02 |
| Martin ratioReturn relative to average drawdown | 11.07 | 12.15 | -1.08 |
Dividends
Dividend History
IQ Global Equity R&D Leaders ETF provided a 1.01% dividend yield over the last twelve months, with an annual payout of $0.42 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $0.42 | $0.48 | $0.34 | $0.54 | $0.41 |
Dividend yield | 1.01% | 1.29% | 1.15% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.05 | ||||||
| 2025 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.48 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.06 | $0.34 |
| 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.
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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 2.94%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -27.16%Oct 2022 | 8mo 6d | 8mo 2d | 1y 4moFeb 2022 - Jun 2023 |
2025 selloff2025 | -18.41%Apr 2025 | 1mo 16d | 1mo 29d | 3mo 15dFeb 2025 - Jun 2025 |
2026 correction2026 | -12.43%Mar 2026 | 2mo | 15d | 2mo 15dJan 2026 - Apr 2026 |
2023 correction2023 | -11.71%Oct 2023 | 2mo 28d | 1mo 18d | 4mo 16dJul 2023 - Dec 2023 |
2024 correction2024 | -10.34%Aug 2024 | 21d | 1mo 22d | 2mo 13dJul 2024 - Sep 2024 |
Drawdown Indicators
| WRND | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.16% | -56.78% | +29.62% |
Max Drawdown (1Y)Largest decline over 1 year | -12.43% | -9.10% | -3.33% |
Max Drawdown (3Y)Largest decline over 3 years | -18.41% | -18.90% | +0.49% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -2.94% | -1.29% | -1.65% |
Average DrawdownAverage peak-to-trough decline | -5.95% | -10.72% | +4.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.02% | 2.02% | +1.00% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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