LRND vs. IVV
Compare and contrast key facts about IQ U.S. Large Cap R&D Leaders ETF (LRND) and iShares Core S&P 500 ETF (IVV).
LRND and IVV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LRND is a passively managed fund by IndexIQ that tracks the performance of the IQ U.S. Large Cap R&D Leaders Index - Benchmark TR Gross. It was launched on Feb 8, 2022. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000. Both LRND and IVV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
LRND vs. IVV - Performance Comparison
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LRND vs. IVV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
LRND IQ U.S. Large Cap R&D Leaders ETF | -8.71% | 20.31% | 21.68% | 44.13% | -19.33% |
IVV iShares Core S&P 500 ETF | -4.38% | 17.85% | 24.93% | 26.31% | -13.79% |
Returns By Period
In the year-to-date period, LRND achieves a -8.71% return, which is significantly lower than IVV's -4.38% return.
LRND
- 1D
- 3.75%
- 1M
- -5.45%
- YTD
- -8.71%
- 6M
- -6.42%
- 1Y
- 16.32%
- 3Y*
- 18.55%
- 5Y*
- —
- 10Y*
- —
IVV
- 1D
- 2.88%
- 1M
- -4.99%
- YTD
- -4.38%
- 6M
- -1.80%
- 1Y
- 17.69%
- 3Y*
- 18.29%
- 5Y*
- 11.76%
- 10Y*
- 14.02%
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LRND vs. IVV - Expense Ratio Comparison
LRND has a 0.14% expense ratio, which is higher than IVV's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
LRND vs. IVV — Risk / Return Rank
LRND
IVV
LRND vs. IVV - 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 iShares Core S&P 500 ETF (IVV). 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 | IVV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.77 | 0.97 | -0.20 |
Sortino ratioReturn per unit of downside risk | 1.24 | 1.49 | -0.25 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.23 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.20 | 1.53 | -0.34 |
Martin ratioReturn relative to average drawdown | 4.43 | 7.32 | -2.89 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LRND | IVV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.77 | 0.97 | -0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.70 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.78 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.42 | +0.14 |
Correlation
The correlation between LRND and IVV is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
LRND vs. IVV - Dividend Comparison
LRND's dividend yield for the trailing twelve months is around 0.60%, less than IVV's 1.23% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LRND IQ U.S. Large Cap R&D Leaders ETF | 0.60% | 0.67% | 0.97% | 1.22% | 1.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IVV iShares Core S&P 500 ETF | 1.23% | 1.17% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.85% | 2.21% | 1.75% | 2.01% | 2.27% |
Drawdowns
LRND vs. IVV - Drawdown Comparison
The maximum LRND drawdown since its inception was -25.43%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for LRND and IVV.
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Drawdown Indicators
| LRND | IVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.43% | -55.25% | +29.82% |
Max Drawdown (1Y)Largest decline over 1 year | -13.83% | -12.06% | -1.77% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.53% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.90% | — |
Current DrawdownCurrent decline from peak | -10.60% | -6.26% | -4.34% |
Average DrawdownAverage peak-to-trough decline | -6.43% | -10.85% | +4.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.74% | 2.53% | +1.21% |
Volatility
LRND vs. IVV - Volatility Comparison
IQ U.S. Large Cap R&D Leaders ETF (LRND) has a higher volatility of 6.78% compared to iShares Core S&P 500 ETF (IVV) at 5.30%. This indicates that LRND's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LRND | IVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.78% | 5.30% | +1.48% |
Volatility (6M)Calculated over the trailing 6-month period | 12.11% | 9.45% | +2.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.34% | 18.31% | +3.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.16% | 16.89% | +3.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.16% | 18.04% | +2.12% |