NYLI Global Equity R&D Leaders ETF

Frequently Asked Questions About WRND

What does WRND invest in?

The NYLI Global Equity R&D Leaders ETF (WRND) aims to replicate the total return of the NYLI Global Equity R&D Leaders Index, before any deductions for fees or operating expenses. This underlying index focuses on identifying and investing in the stock of innovative, international companies that exhibit a consistent and proficient approach to their research and development (R&D) expenditures.

What is the expense ratio of WRND?

NYLI Global Equity R&D Leaders ETF (WRND) charges an expense ratio of 0.18%. This is the annual fee deducted from fund assets to cover management and operations.

How big is WRND?

NYLI Global Equity R&D Leaders ETF (WRND) manages $10.5M 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 WRND actively managed or an index fund?

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

When was WRND launched?

NYLI Global Equity R&D Leaders ETF (WRND) launched in February 2022 and is managed by NY Life Investments.

How has WRND performed?

WRND'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.