SPCT vs. LRND
SPCT (Liberty One Spectrum ETF) and LRND (IQ U.S. Large Cap R&D Leaders ETF) are both Large Cap Blend Equities funds. SPCT is actively managed, while LRND is passively managed. Their 0.32 correlation means their historical movements had little consistent relationship. SPCT charges 0.85%/yr vs 0.14%/yr for LRND.
Performance
SPCT vs. LRND - Performance Comparison
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Returns By Period
In the year-to-date period, SPCT achieves a 11.62% return, which is significantly lower than LRND's 15.75% return.
SPCT
- 1D
- 0.18%
- 1M
- 2.62%
- 6M
- 5.72%
- YTD
- 11.62%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
LRND
- 1D
- -0.20%
- 1M
- 5.69%
- 6M
- 18.38%
- YTD
- 15.75%
- 1Y
- 28.54%
- 3Y*
- 22.99%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 16.32%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $43.61K | $1.79M | $1.88M | |
| $213.16K | $201.08K | $219.16K |
SPCT vs. LRND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
SPCT Liberty One Spectrum ETF | 11.62% | 1.93% |
LRND IQ U.S. Large Cap R&D Leaders ETF | 15.75% | 3.18% |
Correlation
The correlation between SPCT and LRND is 0.32, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025 | 0.32 |
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Return for Risk
SPCT vs. LRND — Risk / Return Rank
SPCT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
LRND
SPCT vs. LRND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Liberty One Spectrum ETF (SPCT) and IQ U.S. Large Cap R&D Leaders ETF (LRND). 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.
| SPCT | LRND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.29 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.07 | — |
| Martin ratioReturn relative to average drawdown | — | 7.36 | — |
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Drawdowns
SPCT vs. LRND - Drawdown Comparison
The maximum SPCT drawdown since its inception was -7.17%, smaller than the maximum LRND drawdown of -25.43%. Use the drawdown chart below to compare losses from any high point for SPCT and LRND.
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Drawdown Indicators
| SPCT | LRND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.17% | -25.43% | +18.26% |
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 | -0.27% | -0.20% | -0.07% |
Average DrawdownAverage peak-to-trough decline | -1.43% | -6.15% | +4.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.89% | — |
Volatility
SPCT vs. LRND - Volatility Comparison
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Volatility by Period
| SPCT | LRND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 5.65% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 13.61% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 9.34% | 16.84% | -7.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.34% | 20.01% | -10.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.34% | 20.01% | -10.67% |
SPCT vs. LRND - Expense Ratio Comparison
SPCT has a 0.85% expense ratio, which is higher than LRND's 0.14% expense ratio.
Dividends
SPCT vs. LRND - Dividend Comparison
SPCT's dividend yield for the trailing twelve months is around 0.76%, more than LRND's 0.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
LRND IQ U.S. Large Cap R&D Leaders ETF | 0.40% | 0.67% | 0.97% | 1.22% | 1.32% |
SPCT Liberty One Spectrum ETF | 0.76% | 0.16% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SPCT and LRND have a correlation of 0.32, 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 0.85% for SPCT.
SPCT has the higher dividend yield at 0.76%, compared with 0.40% for LRND.
They also come from different issuers: Liberty One and IndexIQ. Their fees differ too: 0.85% for SPCT and 0.14% for LRND.
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