LRND vs PKB: Grades, Fees and Holdings Compared

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

LRNDANasdaq

Invesco Building & Construction ETF

PKBCNYSE Arca

Overlap

0.0%by weight

Expense ratio

LRND −0.43pt a year

LRND0.14%PKB0.57%

Avg volume · 30D

LRND 1.4×the volume

LRND42.7KPKB30.4K

3Y return · a year

PKB +0.2pt

LRND+23.3%PKB+23.5%

LRND vs PKB Performance

Oct 31, 2025 – Oct 30, 2026

+9.0%LRND−6.2%PKB

Expense ratio: LRND 0.14%, better; PKB 0.57%
Fund size: LRND $456M; PKB $259M
1Y total return: LRND +9.0%, better; PKB −6.2%
Yield (12M): LRND 0.34%, better; PKB 0.20%
Holdings: LRND 110; PKB 32
Avg volume (30D): LRND 42.7K sh, better; PKB 30.4K sh
NAV per share: LRND $44.74; PKB $89.78
52W range

ETF.net Grade

Pillar letters and Scores for LRND, PKB, with each pillar’s weight
Pillar	LRND	PKB
Cost30% weight	A100Higher	D31
Mission25% weight	B55	Not scored
Risk15% weight	B62Higher	F24
Tradability15% weight	A80Higher	A79
Holdings10% weight	F22	C40Higher
Durability5% weight	A74	A88Higher

Rank among US Thematic funds

How we build Categories ›

Same Category. LRND and PKB are both graded against the same 22 US Thematic funds, so their Grades compare head to head.

US Thematic⁠

Category · 22 funds

See all 22 ›

LRND ranks 1st and PKB 8th of 22 funds in the US Thematic Category.

Rank 1ALRNDNYLI U.S. Large Cap R&D Leaders ETFScore 76
Rank 2ATECBiShares U.S. Tech Breakthrough Multisector ETFScore 71
Rank 7CVRAIVirtus Real Asset Income ETFScore 49
Rank 8CPKBInvesco Building & Construction ETFScore 44
Rank 9CFTIFFirst Trust Bloomberg Inflation Sensitive Equity ETFScore 43

Our read on each fund

ETF.net Research

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

PKBCInvesco Building & Construction ETF

In short

LRND No data

PKB Not a homebuilder tracker. PKB has run a rules-based screen since 2005, ranking US builders, engineers and construction firms on momentum, quality and value, then holding roughly 30 of them.

Stated mandate

LRND No data

PKB The Fund seeks to track the performance of its designated underlying index before fees and expenses. It is an index fund that invests primarily in securities comprising that index and is not actively managed.

Why people hold it

LRND No data

PKB The index scores companies on price momentum, earnings momentum, quality, management action and value, so the lineup follows a model's ranking rather than sheer market cap.invesco.com
Trading since 2005, it has a live record stretching across the housing bust and the rebuild that followed, which is rare on the construction shelf.
The net is wider than houses: builders plus the engineering and construction outfits behind commercial buildings and large-scale infrastructure are all eligible.invesco.com
Rebalanced and reconstituted on a set quarterly schedule, so the roster refreshes with the model instead of drifting for years.invesco.com

Worth knowing

LRND No data

PKB The 0.57% expense ratio sits well above the 0.20% median of its peer cohort. That is the price tag on a screened, narrow-industry portfolio.
About 30 stocks in one cyclical industry: individual names and the building cycle swing this fund far more than a broad US equity fund.
It is thinly traded next to the giant sector ETFs, so spreads and trade timing carry more weight than they would on a heavily traded fund.

Full LRND profile⁠

Full PKB profile⁠

LRND vs PKB Holdings

How LRND and PKB differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of LRND and 0.0% of PKB.

Level by level

Holdings0 in both0.0%
Sector9 Sectors8.8%
Countryby domicile92.5%
Asset classEquity100%

Sector

Sector weights in LRND and PKB, widest gap first
Sector	More in LRNDMore in PKB	LRND	PKB
Technology	LRND +62.3 points	62.3%	0.0%
Industrials	PKB +42.4 points	2.4%	44.8%
Materials	PKB +38.9 points	0.6%	39.5%
Communication	LRND +17.3 points	17.3%	0.0%
Health Care	LRND +9.8 points	9.8%	0.0%
Consumer Discretionary	PKB +7.5 points	5.7%	13.2%
Real Estate	PKB +2.5 points	0.0%	2.5%
Consumer Staples	LRND +1.6 points	1.6%	0.0%
Financials	LRND +0.3 points	0.3%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in LRND and PKB, widest gap first
Country	More in LRNDMore in PKB	LRND	PKB
United States	LRND +7.3 points	99.5%	92.2%
Switzerland	PKB +4.8 points	0.3%	5.1%
Belgium	PKB +2.7 points	0.0%	2.7%
Other countries (6)	LRND +0.2 points	0.2%	0.0%

Concentration

Weight in the 10 largest Holdings

LRND69.4%
PKB48.7%

Securities held

LRND110
PKB31

Asset class

LRND: Equity
PKB: Equity

Holdings

Only in LRND110
In both0
Only in PKB31

Only in LRND

110 securities, 100% of LRND by weight

NVIDIA Corporation16.36%
Alphabet Inc. Class A10.92%
Apple Inc.10.31%
Microsoft Corporation8.08%
Eli Lilly and Company4.93%
Amazon.com, Inc.4.56%
Broadcom Inc.4.38%
Meta Platforms Inc Class A4.09%
Advanced Micro Devices, Inc.3.81%
Palantir Technologies Inc. Class A1.96%
Cisco Systems, Inc.1.91%
Applied Materials, Inc.1.43%
Amgen Inc.1.41%
Lam Research Corporation1.38%
PepsiCo, Inc.1.05%
Arista Networks Inc0.98%
QUALCOMM Incorporated0.80%
Marvell Technology, Inc.0.80%
Vertex Pharmaceuticals Incorporated0.79%
Vanguard Information Technology ETF0.75%
State Street Technology Select Sector SPDR ETF0.75%
Fidelity MSCI Information Technology Index ETF0.74%
State Street Communication Services Select Sector SPDR ETF0.72%
Automatic Data Processing, Inc.0.65%
Dell Technologies, Inc. Class C0.62%
VanEck Pharmaceutical ETF0.58%
Vanguard Communication Services ETF0.57%
State Street Consumer Discretionary Select Sector SPDR ETF0.56%
Regeneron Pharmaceuticals, Inc.0.53%
Trane Technologies plc0.51%
ServiceNow, Inc.0.50%
Vertiv Holdings Co. Class A0.50%
Snowflake, Inc.0.50%
Fortinet, Inc.0.46%
Adobe Inc.0.46%
Sherwin-Williams Company0.45%
Illinois Tool Works Inc.0.44%
Colgate-Palmolive Company0.43%
Intuit Inc.0.42%
Cadence Design Systems, Inc.0.42%
Synopsys, Inc.0.41%
Airbnb, Inc. Class A0.39%
Datadog, Inc. Class A0.36%
Garmin Ltd.0.29%
Veeva Systems Inc. Class A0.28%
Monolithic Power Systems, Inc.0.28%
Vylor Inc0.27%
Cash0.27%
Keysight Technologies Inc0.24%
Autodesk, Inc.0.24%

Only in PKB

31 securities, 100% of PKB by weight

Johnson Controls International plc6.06%
Quanta Services Inc5.71%
Vulcan Materials Co5.55%
Martin Marietta Materials Inc5.45%
Crh PLC5.11%
Amrize Ltd5.10%
EMCOR Group Inc5.05%
Comfort Systems USA Inc4.60%
Simpson Manufacturing Co Inc3.10%
Griffon Corp3.00%
Mohawk Industries Inc2.88%
United States Lime & Minerals Inc2.83%
MYR Group Inc2.83%
Interface Inc2.80%
Tutor Perini Corp2.80%
Fluor Corp2.75%
Titan America SA2.71%
Everus Construction Group Inc2.71%
Eagle Materials Inc2.71%
James Hardie Industries PLC2.63%
NWPX Infrastructure Inc2.62%
Champion Homes Inc2.61%
Knife River Corp2.59%
Green Brick Partners Inc2.52%
Owens Corning2.45%
Argan Inc2.34%
Century Communities Inc2.26%
LGI Homes Inc2.19%
IES Holdings Inc2.12%
Suncrete Inc1.78%
Invesco Government & Agency Portfolio0.12%

Weight gaps

LRND and PKB share no securities.

All 107 LRND holdings⁠All 31 PKB holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

LRND vs PKB Cost

Overpaying PKB vs LRND

$8,339

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

LRND 0.14%
$2,932
PKB 0.57%
$11,271

Amount$10,000

Years30 years

Cost over time

LRND 0.14%
PKB 0.57%
Overpaying

Year by year

Year	LRND	PKB	Overpaying
10	$256	$1,023	$767
20	$1,000	$3,921	$2,921
30	$2,932	$11,271	$8,339

Expense ratio

0.14%LRND, cheaper
0.57%PKB

LRND0.14%PKB0.57%

0.14%0.87%

Middle half of US Thematic funds
Median 0.35%

LRND cheapest of 22 funds

PKB 16th cheapest of 22 funds

LRND vs PKB Dividends

Last 12 months to Oct 30, 2026

Yield (12M): LRND 0.34%, better; PKB 0.20%
Payout (12M): LRND $0.15; PKB $0.18
Last payment: LRND $0.04; PKB $0.01
Ex-dividend: LRND Sep 30, 2026; PKB Sep 21, 2026
Paid on: LRND Oct 2, 2026; PKB Sep 25, 2026
Frequency: LRND Quarterly; PKB Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

LRNDQuarterly · 19 paymentsAll LRND payments⁠

PKBQuarterly · 36 paymentsAll PKB payments⁠

LRND vs PKB Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: LRND 15.9%, betterPKB 26.6%
Return per unit of riskSharpe ratio, 3 years: LRND 1.13, betterPKB 0.76
Worst fallMax drawdown, 5 years: LRND −25.4%since Feb 2022PKB −34.8%
Market sensitivityBeta, 5 years: LRND 1.06PKB 1.50; Market = 1

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