LRND vs. BLCR

Last updated Jun 4, 2026

LRND (IQ U.S. Large Cap R&D Leaders ETF) and BLCR (Blackrock Large Cap Core ETF) are both Large Cap Blend Equities funds. LRND is passively managed, while BLCR is actively managed. Over the past year, LRND returned 34.53% vs 47.09% for BLCR. Their correlation of 0.87 suggests significant overlap in exposure. LRND charges 0.14%/yr vs 0.36%/yr for BLCR.

Performance

LRND vs. BLCR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IQ U.S. Large Cap R&D Leaders ETF (LRND) and Blackrock Large Cap Core ETF (BLCR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LRND achieves a 11.98% return, which is significantly lower than BLCR's 19.56% return.

LRND

• 1D: -1.16%
• 1M: 7.42%
• YTD: 11.98%
• 6M: 11.46%
• 1Y: 34.53%
• 3Y*: 23.71%
• 5Y*: —
• 10Y*: —

BLCR

• 1D: -0.33%
• 1M: 6.16%
• YTD: 19.56%
• 6M: 21.53%
• 1Y: 47.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LRND vs. BLCR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
LRND IQ U.S. Large Cap R&D Leaders ETF	11.98%	20.31%	21.68%	18.43%
BLCR Blackrock Large Cap Core ETF	19.56%	30.93%	17.07%	14.18%

Correlation

The correlation between LRND and BLCR is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (All Time) Calculated using the full available price history since Oct 27, 2023	0.87

The correlation between LRND and BLCR has been stable across timeframes, ranging from 0.84 to 0.87 - a consistent structural relationship.

LRND vs. BLCR - Sectors Allocation Comparison

Sectors	LRND	BLCR
Technology	57.8%	35.7%
Communication Services	15.8%	11.0%
Healthcare	10.1%	7.6%
Consumer Cyclical	8.1%	10.9%
Industrials	5.5%	13.5%
Consumer Defensive	1.9%	-
Basic Materials	0.9%	2.2%
Financial Services	0.0%	12.1%
Energy	-	2.2%
Real Estate	-	-
Utilities	-	1.6%

Return for Risk

LRND vs. BLCR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LRND

LRND Risk / Return Rank: 62
LRND Sharpe Ratio Rank: 69
LRND Sortino Ratio Rank: 67
LRND Omega Ratio Rank: 65
LRND Calmar Ratio Rank: 51
LRND Martin Ratio Rank: 58

BLCR

BLCR Risk / Return Rank: 87
BLCR Sharpe Ratio Rank: 89
BLCR Sortino Ratio Rank: 87
BLCR Omega Ratio Rank: 85
BLCR Calmar Ratio Rank: 84
BLCR Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LRND vs. BLCR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IQ U.S. Large Cap R&D Leaders ETF (LRND) and Blackrock Large Cap Core ETF (BLCR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	LRND	BLCR	Difference
Sharpe ratio: Return per unit of total volatility	2.28	3.05	-0.77
Sortino ratio: Return per unit of downside risk	3.06	4.02	-0.95
Omega ratio: Gain probability vs. loss probability	1.39	1.52	-0.13
Calmar ratio: Return relative to maximum drawdown	2.51	4.61	-2.11
Martin ratio: Return relative to average drawdown	10.01	21.86	-11.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LRND vs. BLCR - Sharpe Ratio Comparison

The current LRND Sharpe Ratio is 2.28, which is comparable to the BLCR Sharpe Ratio of 3.05. The chart below compares the historical Sharpe Ratios of LRND and BLCR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LRND	BLCR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	3.05	-0.77
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	1.90	-1.08

Drawdowns

LRND vs. BLCR - Drawdown Comparison

The maximum LRND drawdown since its inception was -25.43%, which is greater than BLCR's maximum drawdown of -21.29%. Use the drawdown chart below to compare losses from any high point for LRND and BLCR.

Drawdown Indicators

	LRND	BLCR	Difference
Max Drawdown Largest peak-to-trough decline	-25.43%	-21.29%	-4.14%
Max Drawdown (1Y) Largest decline over 1 year	-13.83%	-10.26%	-3.57%
Max Drawdown (3Y) Largest decline over 3 years	-21.06%	—	—
Current Drawdown Current decline from peak	-1.16%	-0.37%	-0.79%
Average Drawdown Average peak-to-trough decline	-6.24%	-2.19%	-4.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.46%	2.16%	+1.30%

Volatility

LRND vs. BLCR - Volatility Comparison

The current volatility for IQ U.S. Large Cap R&D Leaders ETF (LRND) is 3.73%, while Blackrock Large Cap Core ETF (BLCR) has a volatility of 4.45%. This indicates that LRND experiences smaller price fluctuations and is considered to be less risky than BLCR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LRND	BLCR	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.73%	4.45%	-0.72%
Volatility (6M) Calculated over the trailing 6-month period	11.84%	12.24%	-0.40%
Volatility (1Y) Calculated over the trailing 1-year period	15.24%	15.54%	-0.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.99%	17.47%	+2.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.99%	17.47%	+2.52%

LRND vs. BLCR - Expense Ratio Comparison

LRND has a 0.14% expense ratio, which is lower than BLCR's 0.36% expense ratio.

Dividends

LRND vs. BLCR - Dividend Comparison

LRND's dividend yield for the trailing twelve months is around 0.49%, more than BLCR's 0.23% yield.

Position	TTM	2025	2024	2023	2022
BLCR Blackrock Large Cap Core ETF	0.23%	0.33%	0.75%	0.13%	0.00%
LRND IQ U.S. Large Cap R&D Leaders ETF	0.49%	0.67%	0.97%	1.22%	1.32%

Frequently Asked Questions

Can I hold both LRND and BLCR in my portfolio?

LRND and BLCR have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LRND or BLCR?

BLCR has higher volatility (4.45%) compared to LRND (3.73%). In terms of maximum drawdown, LRND dropped -25.43% vs BLCR's -21.29%.

Which ETF is better, LRND or BLCR?

On 1-year performance, BLCR leads with 47.09% vs 34.53% for LRND. On fees, LRND is cheaper at 0.14% per year. On volatility, LRND has been the lower-risk option at 3.73%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LRND or BLCR?

Over the 1-year period, BLCR has performed better with a 47.09% return vs 34.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LRND or BLCR?

LRND is cheaper with a 0.14% expense ratio, compared with 0.36% for BLCR.

Which ETF pays a higher dividend yield, LRND or BLCR?

LRND has the higher dividend yield at 0.49%, compared with 0.23% for BLCR.

What is the main difference between LRND and BLCR?

They also come from different issuers: IndexIQ and BlackRock. Their fees differ too: 0.14% for LRND and 0.36% for BLCR.

Which has better risk-adjusted returns?

BLCR currently has the higher Sharpe Ratio (3.05 vs 2.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.