LRND vs. ESGB
LRND (IQ U.S. Large Cap R&D Leaders ETF) and ESGB (IQ MacKay ESG Core Plus Bond ETF) are both exchange-traded funds - LRND is a Large Cap Blend Equities fund tracking the IQ U.S. Large Cap R&D Leaders Index - Benchmark TR Gross, while ESGB is a Intermediate Core-Plus Bond fund actively managed by IndexIQ. LRND is passively managed, while ESGB is actively managed. At a 0.15 correlation, their price movements are largely independent. LRND charges 0.14%/yr vs 0.39%/yr for ESGB.
Performance
LRND vs. ESGB - Performance Comparison
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Returns By Period
LRND
- 1D
- -1.34%
- 1M
- -2.17%
- YTD
- 7.55%
- 6M
- 7.49%
- 1Y
- 27.35%
- 3Y*
- 21.07%
- 5Y*
- —
- 10Y*
- —
ESGB
- 1D
- 0.25%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LRND vs. ESGB - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
LRND IQ U.S. Large Cap R&D Leaders ETF | -3.95% |
ESGB IQ MacKay ESG Core Plus Bond ETF | -0.18% |
Correlation
The correlation between LRND and ESGB is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 4, 2026 | 0.15 |
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Return for Risk
LRND vs. ESGB — Risk / Return Rank
LRND
ESGB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
LRND vs. ESGB - 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 IQ MacKay ESG Core Plus Bond ETF (ESGB). 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.
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.
| LRND | ESGB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.30 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.99 | — | — |
| Martin ratioReturn relative to average drawdown | 7.63 | — | — |
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Drawdowns
LRND vs. ESGB - Drawdown Comparison
The maximum LRND drawdown since its inception was -25.43%, which is greater than ESGB's maximum drawdown of -0.64%. Use the drawdown chart below to compare losses from any high point for LRND and ESGB.
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Drawdown Indicators
| LRND | ESGB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.43% | -0.64% | -24.79% |
Max Drawdown (1Y)Largest decline over 1 year | -13.83% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -21.06% | — | — |
Current DrawdownCurrent decline from peak | -5.07% | -0.39% | -4.68% |
Average DrawdownAverage peak-to-trough decline | -6.22% | -0.38% | -5.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.60% | — | — |
Volatility
LRND vs. ESGB - Volatility Comparison
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Volatility by Period
| LRND | ESGB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.18% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 12.89% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.06% | 4.10% | +11.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.05% | 4.10% | +15.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.05% | 4.10% | +15.95% |
LRND vs. ESGB - Expense Ratio Comparison
LRND has a 0.14% expense ratio, which is lower than ESGB's 0.39% expense ratio.
Dividends
LRND vs. ESGB - Dividend Comparison
LRND's dividend yield for the trailing twelve months is around 0.51%, while ESGB has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
ESGB IQ MacKay ESG Core Plus Bond ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LRND IQ U.S. Large Cap R&D Leaders ETF | 0.51% | 0.67% | 0.97% | 1.22% | 1.32% |
Frequently Asked Questions
LRND and ESGB have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LRND is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LRND is cheaper with a 0.14% expense ratio, compared with 0.39% for ESGB.
LRND has the higher dividend yield at 0.51%, compared with 0.00% for ESGB.
LRND is categorized as Large Cap Blend Equities, while ESGB is Intermediate Core-Plus Bond. Their fees differ too: 0.14% for LRND and 0.39% for ESGB.
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