LRND

About LRND

New York Life Investments U.S. Large Cap Research and Development Leaders is an exchange-traded fund focusing on U.S. large-cap companies that are leaders in research and development. The primary function of this ETF is to provide investors access to a portfolio of firms that are significantly investing in innovation and technological advancement. The key characteristic of this ETF is its commitment to capturing the growth potential of companies with high R&D expenditure, which is often correlated with future growth opportunities and competitive advantages. This ETF covers multiple sectors, including technology, healthcare, and industrials, where R&D spending plays a critical role in driving progress and maintaining industry leadership. As part of the financial markets, the ETF helps investors diversify their portfolios by targeting firms with robust innovation capabilities, thereby potentially mitigating risks associated with stagnant or declining sectors. By investing in companies that prioritize development and innovation, this ETF plays a significant role in supporting the market’s interest in growth through technological and scientific progress.