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

Frequently Asked Questions About LRND

What does LRND invest in?

The NYLI U.S. Large Cap R&D Leaders ETF (LRND) aims to replicate the total financial return—encompassing both capital gains and income generation—of the NYLI U.S. Large Cap R&D Leaders Index, prior to the deduction of any fees or expenses. This underlying index is designed to provide investment access to groundbreaking companies by focusing on large-capitalization U.S. equities from firms renowned for their sustained and impactful investment in research and development initiatives.

What is the expense ratio of LRND?

NYLI U.S. Large Cap R&D Leaders ETF (LRND) charges an expense ratio of 0.14%. This is the annual fee deducted from fund assets to cover management and operations.

How big is LRND?

NYLI U.S. Large Cap R&D Leaders ETF (LRND) manages $373.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is LRND actively managed or an index fund?

LRND's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was LRND launched?

NYLI U.S. Large Cap R&D Leaders ETF (LRND) launched in February 2022 and is managed by NY Life Investments.

How has LRND performed?

LRND's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.