IPPP vs. JHPI ETF Comparison

Comparison of Preferred-Plus ETF (IPPP) to John Hancock Preferred Income ETF (JHPI)

IPPP

Preferred-Plus ETF

IPPP Description

The investment seeks to provide income. The fund invests at least 80% of its net assets (plus any borrowings made for investment purposes) in a portfolio of preferred securities issued by U.S. and non-U.S. companies. It may invest in preferred securities of all issuer capitalizations. The fund may also invest in publicly-traded partnerships (“PTPs”). The Advisor intends to maintain approximately 10% asset exposure to a credit spread options strategy, although market conditions may dictate additional exposure.

Grade (RS Rating)

Last Trade

$10.31

Average Daily Volume

1,187

Number of Holdings ^*

12

* may have additional holdings in another (foreign) market

JHPI

John Hancock Preferred Income ETF

JHPI Description

Under normal market conditions, the fund invests at least 80% of its net assets in preferred stocks and other preferred securities. Preferred stocks and preferred securities include, but are not limited to, convertible preferred securities, corporate hybrid securities, trust preferred securities, cumulative and non-cumulative preferred stock, and depositary shares of preferred stock. The adviser will concentrate its investments in the group of industries that comprise the utilities and the communication sectors.

Grade (RS Rating)

Last Trade

$22.98

Average Daily Volume

11,311

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

Performance

Period	IPPP	JHPI
30 Days	-1.28%	-0.80%
60 Days	2.09%	2.07%
90 Days	5.20%	3.66%
12 Months	20.75%	18.50%

6 Overlapping Holdings

	Symbol	Grade	Weight in IPPP	Weight in JHPI	Overlap
	AQNB	A	1.27%	1.09%	1.09%
	CMSD	C	0.6%	1.1%	0.6%
	NRUC	C	1.0%	0.19%	0.19%
	SOJD	D	0.54%	0.2%	0.2%
	SREA	A	1.21%	1.18%	1.18%
	UZE	B	1.33%	0.37%	0.37%

IPPP Overweight 6 Positions Relative to JHPI

	Symbol	Grade	Weight
	AGNC	D	1.39%
	WTFCP	A	1.25%
	T	A	0.95%
	TBC	D	0.59%
	PRS	C	0.58%
	RZB	C	0.57%

IPPP Underweight 9 Positions Relative to JHPI

	Symbol	Grade	Weight
	RZC	A	-1.29%
	DTW	D	-0.89%
	UNMA	D	-0.54%
	QRTEP	F	-0.52%
	CMSA	C	-0.5%
	NEE	D	-0.5%
	AFGC	C	-0.49%
	CMSC	C	-0.35%
	ESGRP	B	-0.35%

IPPP: Top Represented Industries & Keywords

Industries: Other Banks - Regional REIT - Residential Telecom Services

Keywords: Electricity Mortgage Backed Security Natural Gas Natural Gas Distribution American Capital Asset Management Bank Banking Batteries Battery Charger Bond Insurance Broadband Commercial Banking Communication Services Critical Illness Customer Premises Equipment Data Communication Services Dial Up Internet Access Digital Subscriber Line Disability

JHPI: Top Represented Industries & Keywords

Industries: Other Insurance Insurance - Diversified Internet Retail Utilities - Regulated Electric

Keywords: Electricity Natural Gas Renewable Energy Gas Storage Fields Insurance Natural Gas Distribution Natural Gas Storage Actuarial Science Broadcast Networks Cancer Chester County Coke Colonial Life & Accident Insurance Company Consulting And Other Services Corporate Owned Life Insurance Critical Illness Disability Distribution Systems E Commerce Electric Energy