DIA vs. MPAY ETF Comparison
Comparison of SPDR Dow Jones Industrial Average ETF (DIA) to Akros Monthly Payout ETF (MPAY)
DIA
SPDR Dow Jones Industrial Average ETF
DIA Description
The investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Dow Jones Industrial Average (the DJIA). The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the DJIA, with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the DJIA. The companies represented by the 30 stocks now comprising the DJIA are all leaders in their respective industries, and their stocks are widely held by individuals and institutional investors.
Grade (RS Rating)
Last Trade
$417.38
Average Daily Volume
3,512,343
30
MPAY
Akros Monthly Payout ETF
MPAY Description
MPAY seeks to provide potential monthly distributions, which may include return of capital to investors. The index is generally comprised of 50 stocks and 18 ETFs. For the stock component of the index, only those listed on a US exchange and have a market-cap of at least $1 billion may be included. A proprietary algorithm analyzes historical financial and trading data to rank and select stocks based on their excess return factor, which is a formula that gauges whether a stock could outperform future markets. The top 50 stocks are selected to be included. The ETF component of the index aims to cut across different asset classes: mainly foreign equity, broad commodity, gold, Treasurys, bonds, REITs, MBTs, and global infrastructure ETFs. Individual weights are based on a proprietary methodology that incorporates modern portfolio theory principles such as historical covariance, historical mean, historical risk contribution, and cluster analysis. The index is rebalanced monthly and is non-diversified.Grade (RS Rating)
Last Trade
$25.57
Average Daily Volume
1,027
52
Performance
| Period | DIA | MPAY |
|---|---|---|
| 30 Days | 2.62% | 1.57% |
| 60 Days | 2.75% | 2.07% |
| 90 Days | 7.63% | 2.29% |
| 12 Months | 22.39% | 21.01% |
15 Overlapping Holdings
| Symbol | Grade | Weight in DIA | Weight in MPAY | Overlap | |
|---|---|---|---|---|---|
| AAPL | D | 3.55% | 5.94% | 3.55% | |
| AMZN | C | 2.98% | 4.97% | 2.98% | |
| CAT | C | 5.41% | 1.28% | 1.28% | |
| CRM | D | 4.04% | 1.43% | 1.43% | |
| CSCO | C | 0.79% | 1.28% | 0.79% | |
| CVX | D | 2.22% | 1.32% | 1.32% | |
| HD | B | 5.97% | 1.74% | 1.74% | |
| JNJ | B | 2.62% | 1.46% | 1.46% | |
| MCD | B | 4.66% | 1.31% | 1.31% | |
| MRK | D | 1.84% | 1.53% | 1.53% | |
| MSFT | C | 6.81% | 5.7% | 5.7% | |
| NKE | D | 1.25% | 1.25% | 1.25% | |
| UNH | C | 9.38% | 1.74% | 1.74% | |
| V | A | 4.55% | 1.77% | 1.77% | |
| WMT | B | 1.27% | 2.21% | 1.27% |
DIA Underweight 37 Positions Relative to MPAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | D | -6.38% | |
| GOOGL | D | -4.73% | |
| GLDM | A | -3.6% | |
| IAUM | A | -3.36% | |
| LLY | C | -3.04% | |
| TSLA | C | -1.83% | |
| ORCL | B | -1.78% | |
| COST | B | -1.77% | |
| MA | A | -1.76% | |
| ADBE | D | -1.57% | |
| XOM | D | -1.55% | |
| NOW | B | -1.46% | |
| AMAT | D | -1.45% | |
| ABBV | B | -1.45% | |
| NFLX | B | -1.44% | |
| LOW | B | -1.37% | |
| QCOM | D | -1.36% | |
| ACN | C | -1.34% | |
| LRCX | F | -1.32% | |
| KLAC | D | -1.32% | |
| INTU | C | -1.3% | |
| HCA | A | -1.28% | |
| FTNT | B | -1.28% | |
| TJX | B | -1.28% | |
| PM | B | -1.27% | |
| LIN | B | -1.27% | |
| BKNG | B | -1.26% | |
| PEP | B | -1.25% | |
| ADP | A | -1.24% | |
| AZO | C | -1.24% | |
| ABNB | D | -1.23% | |
| TXN | D | -1.23% | |
| ABT | B | -1.23% | |
| LMT | B | -1.23% | |
| UPS | D | -1.22% | |
| RTX | C | -1.19% | |
| DELL | D | -1.02% |
DIA: Top Represented Industries & Keywords
MPAY: Top Represented Industries & Keywords
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