IQ U.S. Mid Cap R&D Leaders ETF (MRND)

NASDAQ: MRND · IEX Real-Time Price · USD
0.00 (0.00%)
Mar 29, 2023, 12:00 AM EDT - Market open
Assets $4.14M
Expense Ratio 0.16%
PE Ratio 16.00
Shares Out 200,000
Dividend (ttm) $0.14
Dividend Yield 0.70%
Ex-Dividend Date Dec 16, 2022
Payout Ratio 11.00%
1-Year Return -11.53%
Volume 5
Open 21.46
Previous Close 20.68
Day's Range 19.85 - 21.97
52-Week Low 18.67
52-Week High 25.97
Beta 1.29
Holdings 101
Inception Date Feb 8, 2022

About MRND

The IQ U.S. Mid Cap R&D Leaders ETF (MRND) is an exchange-traded fund that is based on the IQ U.S. Mid Cap R&D Leaders index. The fund tracks an index of 100 mid-cap US companies selected and weighted based on the most recently reported one year research and development (R&D) spending. MRND was launched on Feb 8, 2022 and is managed by IndexIQ.

Asset Class Equity
Category Mid-Cap Blend
Region North America
Stock Exchange NASDAQ
Ticker Symbol MRND
Issuer IndexIQ
Index Tracked IQ U.S. Mid Cap R&D Leaders

Top 10 Holdings

24.28% of assets
Name Symbol Weight
Spotify Technology S.A. SPOT 3.19%
Electronic Arts Inc. EA 3.15%
Seagen Inc. SGEN 2.85%
Biogen Inc. BIIB 2.80%
Western Digital Corporation WDC 2.26%
Dell Technologies Inc. DELL 2.22%
Rivian Automotive, Inc. RIVN 2.00%
eBay Inc. EBAY 2.00%
Incyte Corporation INCY 1.91%
Ginkgo Bioworks Holdings, Inc. DNA 1.89%
View More Holdings


Ex-Dividend Amount Pay Date
Dec 16, 2022 $0.04077 Dec 22, 2022
Sep 16, 2022 $0.03432 Sep 22, 2022
Jun 17, 2022 $0.03847 Jun 24, 2022
Mar 18, 2022 $0.03136 Mar 24, 2022
Full Dividend History


Bet on R&D With These New ETFs

We have recently received three new ETFs built on the concept of R&D.

Other symbols: WRNDLRND
5 months ago - Zacks Investment Research

IndexIQ To Transfer Exchange Listing of Leaders in Research & Development ETF Suite To Nasdaq

NEW YORK--(BUSINESS WIRE)--IndexIQ today announced plans to transfer listing of the Leaders in Research & Development ETF Suite from NYSE Arca to Nasdaq.

Other symbols: LRNDWRND
6 months ago - Business Wire

Mind MRND for Nifty Mid-Cap Exposure

Smaller equities are following their large-cap counterparts lower this year, perhaps giving investors reason to overlook mid-cap stocks. However, that may be the wrong course of action.

9 months ago - ETF Trends

Hewlett-Packard Enterprise, Held By 233 ETFs, Sees Earnings Hit

An earnings miss translates into a sharp decline.

10 months ago - ETFcom

9 New ETFs for Investors to Unwrap

The U.S. exchange-traded fund (ETF) industry had quite a year in 2021 – due in part to the 445 new ETFs that launched, 44% more than did in 2020. U.S. ETFs ended the year with record assets of $7.21 t...

1 year ago - Kiplinger

IndexIQ Launches R&D-Focused ETF Trio

New York Life's ETF brand is targeting companies that spend big on research.

Other symbols: LRNDWRND
1 year ago - ETFcom

IndexIQ Launches Trio of Growth ETFs

IndexIQ has expanded its ETF product lineup with the launch of three new equity-focused strategies. The new trio of funds — the IQ U.S. Large Cap R&D Leaders ETF (LRND), the IQ U.S. Mid Cap R&D Leader...

Other symbols: LRNDWRND
1 year ago - ETF Trends

IndexIQ Introduces ETF Suite Focused on Leaders in Research & Development

NEW YORK--(BUSINESS WIRE)--New IndexIQ ETFs are designed to provide exposure to companies positioned for future innovation and expansion through sustained investment in R&D.

Other symbols: LRNDWRND
1 year ago - Business Wire