IYLD vs. HIPS ETF Comparison
Comparison of iShares Morningstar Multi-Asset Income ETF (IYLD) to Master Income ETF (HIPS)
IYLD
iShares Morningstar Multi-Asset Income ETF
IYLD Description
The investment seeks to track the investment results of the Morningstar® Multi-Asset High Income IndexSM. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is broadly diversified and seeks to deliver high current income while maintaining long-term capital appreciation. The fund is a fund-of-funds and invests primarily in the securities of the underlying funds that themselves seek investment results corresponding to their own underlying indexes.
Grade (RS Rating)
Last Trade
$20.59
Average Daily Volume
14,421
11
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
$12.89
Average Daily Volume
38,104
35
Performance
| Period | IYLD | HIPS |
|---|---|---|
| 30 Days | 1.36% | 0.06% |
| 60 Days | 3.95% | 2.55% |
| 90 Days | 4.86% | 2.23% |
| 12 Months | 17.21% | 20.18% |
0 Overlapping Holdings
| Symbol | Grade | Weight in IYLD | Weight in HIPS | Overlap |
|---|
IYLD Underweight 35 Positions Relative to HIPS
| Symbol | Grade | Weight | |
|---|---|---|---|
| WES | D | -3.39% | |
| OHI | C | -3.28% | |
| SBRA | C | -3.21% | |
| MPLX | A | -3.08% | |
| PAA | D | -2.99% | |
| ET | C | -2.95% | |
| LTC | D | -2.84% | |
| BGX | D | -2.83% | |
| ALX | C | -2.81% | |
| NNN | A | -2.8% | |
| EPD | A | -2.79% | |
| BXSL | C | -2.76% | |
| JQC | C | -2.75% | |
| GTY | C | -2.72% | |
| JFR | A | -2.69% | |
| NBB | C | -2.65% | |
| BLW | A | -2.65% | |
| ARCC | A | -2.63% | |
| FCT | A | -2.62% | |
| GLPI | A | -2.59% | |
| EFT | D | -2.56% | |
| DSU | A | -2.56% | |
| EPR | C | -2.5% | |
| FDUS | C | -2.5% | |
| SLRC | D | -2.49% | |
| GBDC | B | -2.48% | |
| GSBD | D | -2.48% | |
| FSK | A | -2.48% | |
| PK | D | -2.43% | |
| USAC | D | -2.4% | |
| BSM | B | -2.38% | |
| DMLP | B | -2.37% | |
| CQP | F | -2.37% | |
| NMFC | F | -2.36% | |
| GNL | D | -2.15% |
IYLD: Top Represented Industries & Keywords
HIPS: Top Represented Industries & Keywords
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