HIPS vs. KBWY ETF Comparison
Comparison of Master Income ETF (HIPS) to PowerShares KBW Premium Yield Equity REIT Portfolio ETF (KBWY)
HIPS
Master Income ETF
HIPS Description
The Master Income ETF seeks to track the total return performance, before fees and expenses, of the TFMS HIPS 300 Index. The Index is constructed to capture 300 high income securities, typically with pass-through structures, across the following sectors: (i) closed-end funds (“CEFs”), (ii) mortgage real estate investment trusts (“REITs”), (iii) commercial equity REITs, (iv) residential/diversified REITs, (v) asset management and business development companies (“BDCs”), and (vi) energy production and energy transportation & processing companies. Energy-related companies included in the Index are expected to primarily be structured as master limited partnerships (“MLPs”). CEFs included in the Index are limited to taxable, debt-based funds and may include CEFs that invest primarily in bank loans, high-yield securities (also known as “junk bonds”), foreign securities (including those in emerging markets), and mortgage- or asset-backed securities. The Index is constituted using proprietary methodology developed by Trust and Fiduciary Management Services, Inc. The Index Provider determines the relative weightings of the securities in the Index and publishes information regarding the market value of the Index.
Grade (RS Rating)
Last Trade
$12.86
Average Daily Volume
38,334
35
KBWY
PowerShares KBW Premium Yield Equity REIT Portfolio ETF
KBWY Description
The PowerShares KBW Premium Yield Equity REIT Portfolio (Fund) is based on the KBW Premium Yield Equity REIT Index (Index). The Fund will normally invest at least 90% of its total assets in the securities that comprise the Index. The Index is calculated using a dividend yield weighted methodology that seeks to reflect the performance of approximately 24 to 40 small- and mid-cap equity REITs in the United States. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$20.63
Average Daily Volume
93,484
28
Performance
| Period | HIPS | KBWY |
|---|---|---|
| 30 Days | 3.36% | 7.01% |
| 60 Days | 1.90% | 16.92% |
| 90 Days | 3.73% | 20.68% |
| 12 Months | 16.29% | 18.80% |
HIPS Overweight 28 Positions Relative to KBWY
| Symbol | Grade | Weight | |
|---|---|---|---|
| WES | D | 3.36% | |
| PAA | D | 3.01% | |
| MPLX | A | 2.96% | |
| ET | C | 2.95% | |
| JQC | A | 2.84% | |
| BGX | A | 2.8% | |
| NNN | A | 2.79% | |
| EPD | C | 2.78% | |
| BXSL | C | 2.76% | |
| JFR | A | 2.76% | |
| NBB | A | 2.66% | |
| SLRC | C | 2.65% | |
| BLW | A | 2.64% | |
| FCT | A | 2.64% | |
| ARCC | C | 2.63% | |
| ALX | B | 2.63% | |
| EFT | D | 2.62% | |
| FDUS | A | 2.57% | |
| FSK | B | 2.54% | |
| DSU | A | 2.54% | |
| GBDC | D | 2.47% | |
| GSBD | D | 2.43% | |
| NMFC | D | 2.41% | |
| USAC | D | 2.36% | |
| DMLP | D | 2.35% | |
| PK | D | 2.34% | |
| CQP | D | 2.33% | |
| BSM | F | 2.27% |
HIPS Underweight 21 Positions Relative to KBWY
HIPS: Top Represented Industries & Keywords
KBWY: Top Represented Industries & Keywords
Compare ETFs
