Iq Global Equity Etf Profile

WRND Etf  USD 31.35  0.08  0.26%   

Performance

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Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
IQ Global is trading at 31.35 as of the 26th of February 2025, a 0.26 percent increase since the beginning of the trading day. The etf's lowest day price was 31.35. IQ Global has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. The performance scores are derived for the period starting the 27th of January 2025 and ending today, the 26th of February 2025. Click here to learn more.
The underlying index seeks to provide exposure to innovative companies by investing in the equities of companies that have high research and development spending around the world. IQ Global is traded on NASDAQ Exchange in the United States. More on IQ Global Equity

Moving together with WRND Etf

  0.8VT Vanguard Total World Sell-off TrendPairCorr
  0.84ACWI iShares MSCI ACWI Sell-off TrendPairCorr
  0.7ACWV iShares MSCI Global Low VolatilityPairCorr
  0.85IOO iShares Global 100PairCorr
  0.82URTH iShares MSCI WorldPairCorr
  0.83CRBN iShares MSCI ACWIPairCorr

Moving against WRND Etf

  0.44NVDL GraniteShares 15x Long Downward RallyPairCorr
  0.43NVDU Direxion Daily NVDA Downward RallyPairCorr
  0.38WTID UBS ETRACSPairCorr

WRND Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Theme ETFs, Global Large-Stock Blend, IndexIQ (View all Sectors)
IssuerNew York Life Investments
Inception Date2022-02-08
BenchmarkNYLI Global Equity R&D Leaders Index
Entity TypeRegulated Investment Company
Asset Under Management7.13 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationBlended Development
RegionGlobal
AdministratorThe Bank of New York Mellon Corporation
AdvisorNew York Life Investment Management LLC
CustodianThe Bank of New York Mellon Corporation
DistributorALPS Distributors, Inc.
Portfolio ManagerGreg Barrato, Francis Ok
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End30-Apr
ExchangeNASDAQ
Number of Constituents204
Market MakerGTS
Total Expense0.19
Management Fee0.18
Country NameUSA
Returns Y T D6.26
NameIQ Global Equity RD Leaders ETF
Currency CodeUSD
Open FigiBBG0155KHWN3
1y Volatility9.77
200 Day M A29.6366
50 Day M A30.3194
CodeWRND
Updated At24th of February 2025
Currency NameUS Dollar
TypeETF
IQ Global Equity [WRND] is traded in USA and was established 2022-02-08. The fund is listed under Global Large-Stock Blend category and is part of IndexIQ family. The entity is thematically classified as Strategy ETFs. IQ Global Equity at this time have 3.68 M in net assets. , while the total return for the last 3 years was 11.8%.
Check IQ Global Probability Of Bankruptcy

Geographic Allocation (%)

IQ Global Equity Currency Exposure

IQ Global Equity holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of IQ Global will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in IQ Global Equity.

Top IQ Global Equity Etf Constituents

AAPLApple IncStockInformation Technology
AMZNAmazon IncStockConsumer Discretionary
GOOGLAlphabet Inc Class AStockCommunication Services
INTCIntelStockInformation Technology
JNJJohnson JohnsonStockHealth Care
METAMeta PlatformsStockCommunication Services
MSFTMicrosoftStockInformation Technology
ROGRogersStockInformation Technology
More Details

IQ Global Equity Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IQ Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

IQ Global Against Markets

When determining whether IQ Global Equity is a strong investment it is important to analyze IQ Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IQ Global's future performance. For an informed investment choice regarding WRND Etf, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in IQ Global Equity. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of IQ Global Equity is measured differently than its book value, which is the value of WRND that is recorded on the company's balance sheet. Investors also form their own opinion of IQ Global's value that differs from its market value or its book value, called intrinsic value, which is IQ Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IQ Global's market value can be influenced by many factors that don't directly affect IQ Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IQ Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if IQ Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IQ Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.