LRNDNYLI U.S. Large Cap R&D Leaders ETF

Grow my money4y track recordRanked #603 of 2,969 in this goal

Seeks investment results that correspond to the price and yield performance of its underlying index.

By New York Life Investment Management LLC · Launched 2022

Annual Cost

0.14%

#655 of 5,573 · low cost

Fund Size

$344M

#1,854 of 5,573 · large

Return (1Y)Goal

+28.0%

Track Record

4 years

#2,610 of 5,573 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$12,808+28.1%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Large

Strategy

Index tracking

Focus

General Innovation

Index tracked

NYLI US Large Cap R&D Leaders Index

What it actually holds

By weight

Concentration

Top 10 holdings = 68.9% of fundconcentrated

NVIDIA Corp

14.4%

Apple Inc

12.5%

Microsoft Corp

10.6%

Alphabet Inc

9.1%

Meta Platforms Inc

4.8%

Broadcom Inc

4.7%

Amazon.com Inc

4.6%

Eli Lilly & Co

4.5%

Philip Morris International In

2.1%

PepsiCo Inc

1.6%

Asset allocation

Stocks

99.8%

Preferred

0.2%

By sector

Technology

60.4%

Communication

14.7%

Healthcare

9.8%

Consumer Cyclical

7.6%

Industrials

5.1%

Consumer Defensive

1.6%

Basic Materials

0.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

16.0%Moderate

Year-on-year price swings

Max drawdown

-25.4%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

1.00Decent risk-adjusted returns

Sortino (3Y)

1.45Good downside protection

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks investment results that correspond to the price and yield performance of its underlying index.
Strategy: Employs a passive management approach to track the NYLI U.S. Large Cap R&D Leaders Index, which includes large-cap U.S. companies committed to innovation through R&D spending. Invests at least 80% in index securities.
Inception date: February 8, 2022
Fund family: New York Life Investment Management LLC