LRND
New York Life Investments ETF Trust NYLI U.S. Large Cap R&D Leaders ETF
📎 Investment Objective
The NYLI U.S. Large Cap R&D Leaders ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the NYLI U.S. Large Cap R&D Leaders Index.
Overview
ETF tracking New York Life Investments ETF Trust NYLI U.S. Large Cap R&D Leaders ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The NYLI U.S. Large Cap R&D Leaders ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the NYLI U.S. Large Cap R&D Leaders Index.
🎯 Investment Strategy
The ETF invests primarily in a portfolio of large-capitalization U.S. stocks that are leaders in research and development (R&D) spending. The fund's portfolio is designed to track the NYLI U.S. Large Cap R&D Leaders Index, which selects and weights companies based on their R&D investment as a percentage of revenue.
✨ Key Features
- Focuses on large-cap U.S. companies with high R&D investment
- Seeks to provide exposure to innovative, technology-driven businesses
- Passively managed to track the NYLI U.S. Large Cap R&D Leaders Index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the fund's holdings may decline due to general market and economic conditions.
- Sector concentration risk: The fund's performance may be more volatile due to its focus on the technology and innovation sectors.
- Tracking error risk: The fund may not perfectly track the performance of its underlying index.
- Limited performance history: As a new fund, it has a limited track record to evaluate its long-term performance.
👤 Best For
This ETF may be suitable for investors seeking exposure to large-cap U.S. companies with a focus on research and development, as part of a diversified portfolio. Investors should have a long-term investment horizon and be willing to accept the volatility associated with investing in innovative, technology-driven businesses.