LRND: NYLIM U.S. Large Cap R&D Leaders ETF
What this ETF is trying to do
The NYLIM U.S. Large Cap R&D Leaders ETF (ticker: LRND) is an exchange-traded fund designed to invest in large American companies. Based on its name and holdings, it focuses on companies that lead in research and development. This ETF holds 108 different companies, including major names in technology and healthcare.
Top Holdings:
• NVIDIA CORP (16.94%)
• ALPHABET INC CLASS A (12.72%)
• APPLE INC (9.20%)
• BROADCOM INC (6.41%)
• MICROSOFT CORP (5.26%)
• META PLATFORMS INC CLASS A (5.13%)
• AMAZON.COM INC (4.53%)
• ADVANCED MICRO DEVICES INC (4.30%)
• ELI LILLY AND CO (4.04%)
• PLTR (1.79%)
*Note: This list is a partial view of the holdings and can change over time.*
What the numbers show
The data shows how the share price has moved over different periods. It is important to distinguish between "price return" (just the change in share price) and "total return" (the change in price plus any distributions received).
• Year-to-Date (YTD): The price return is approximately 20.59%, while the total return is approximately 20.95%.
• One-Year: The price return was approximately 22.20%, and the total return was approximately 22.63%.
• Three-Year: The price return was approximately 92.92%, and the total return was approximately 97.72%.
An estimated price from roughly one year ago was $40.23. The current price is $49.16.
Income and distribution explanation
LRND provides cash distributions to investors. The distribution yield is approximately 0.30%. This number describes the cash paid out relative to the ETF's price. The fund usually pays these distributions on a quarterly basis, having made 4 payments over the last 12 months.
When looking at income, it is important to remember that a distribution yield is not the same as total return. Total return includes both the price changes and these cash payments.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, regarding price erosion (the decline in the market price of the shares), the fund has an erosion score of 100. This is labeled as "No price erosion detected," and the erosion severity is rated as "good." There is no severe erosion-risk flag for this ETF.
Pros
• Strong Price Growth: The fund has shown significant positive price returns over the one-year and three-year periods.
• Low Erosion Risk: The data indicates no detected price erosion.
Cons
• Lower Yield: The distribution yield of approximately 0.30% is relatively low compared to funds designed specifically for high income.
Beginner takeaway
LRND focuses on large companies involved in research and development. While it provides some quarterly income, its recent performance has been driven largely by share-price growth (price return). The data shows strong positive returns over the last three years without signs of price erosion.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | NVIDIA CORP | NVDA | 16.94% |
| 2 | ALPHABET INC CLASS A | GOOGL | 12.72% |
| 3 | APPLE INC | AAPL | 9.20% |
| 4 | BROADCOM INC | AVGO | 6.41% |
| 5 | MICROSOFT CORP | MSFT | 5.26% |
| 6 | META PLATFORMS INC CLASS A | META | 5.13% |
| 7 | AMAZON.COM INC | AMZN | 4.53% |
| 8 | ADVANCED MICRO DEVICES INC | AMD | 4.30% |
| 9 | ELI LILLY AND CO | LLY | 4.04% |
| 10 | n/a | PLTR | 1.79% |