KBWD vs. HIPS ETF Comparison
Comparison of PowerShares KBW High Dividend Yield Financial Portfolio ETF (KBWD) to Master Income ETF (HIPS)
KBWD
PowerShares KBW High Dividend Yield Financial Portfolio ETF
KBWD Description
The PowerShares KBW High Dividend Yield Financial Portfolio (Fund) is based on the KBW Financial Sector Dividend Yield Index (Index). The Fund will normally invest at least 90% of its total assets in 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 publicly listed financial companies that are principally engaged in the business of providing financial services and products, including banking, insurance and diversified financial services, in the United States. The Index may also include securities of BDCs and equity and mortgage REITs. The Fund and the Index are rebalanced and reconstituted quarterly.
Grade (RS Rating)
Last Trade
$15.20
Average Daily Volume
176,703
30
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
$13.10
Average Daily Volume
31,472
37
Performance
| Period | KBWD | HIPS |
|---|---|---|
| 30 Days | 2.80% | 2.93% |
| 60 Days | 0.81% | 1.80% |
| 90 Days | 2.26% | 2.88% |
| 12 Months | 17.27% | 19.87% |
KBWD Overweight 27 Positions Relative to HIPS
| Symbol | Grade | Weight | |
|---|---|---|---|
| TRIN | A | 3.92% | |
| TCPC | C | 3.8% | |
| ACRE | B | 3.75% | |
| AGNC | C | 3.51% | |
| RC | D | 3.3% | |
| DX | B | 3.25% | |
| PNNT | C | 3.22% | |
| PSEC | D | 3.08% | |
| ARI | C | 3.04% | |
| EFC | C | 2.94% | |
| EGBN | B | 2.91% | |
| TRTX | C | 2.78% | |
| BBDC | A | 2.72% | |
| OMF | A | 2.5% | |
| CSWC | D | 2.23% | |
| TPVG | B | 2.23% | |
| WASH | C | 2.18% | |
| KREF | C | 2.15% | |
| APAM | B | 2.1% | |
| WU | F | 1.79% | |
| FIBK | B | 1.74% | |
| LNC | C | 1.63% | |
| NWBI | B | 1.63% | |
| KEY | B | 1.44% | |
| JHG | B | 1.35% | |
| PRU | A | 1.19% | |
| JXN | C | 0.93% |
KBWD Underweight 34 Positions Relative to HIPS
| Symbol | Grade | Weight | |
|---|---|---|---|
| BGX | A | -2.79% | |
| LTC | B | -2.79% | |
| JQC | A | -2.78% | |
| JFR | A | -2.75% | |
| ARCC | A | -2.72% | |
| ET | A | -2.68% | |
| SLRC | A | -2.66% | |
| EFT | A | -2.64% | |
| EPD | A | -2.64% | |
| FCT | A | -2.63% | |
| BXSL | A | -2.62% | |
| BLW | C | -2.6% | |
| MPLX | A | -2.6% | |
| DMLP | A | -2.6% | |
| GTY | A | -2.59% | |
| CQP | B | -2.56% | |
| GBDC | D | -2.55% | |
| NBB | D | -2.54% | |
| KRP | B | -2.53% | |
| DSU | A | -2.52% | |
| ALX | D | -2.49% | |
| PAA | B | -2.48% | |
| SBRA | C | -2.48% | |
| WES | C | -2.48% | |
| GLPI | C | -2.48% | |
| OHI | C | -2.46% | |
| USAC | B | -2.44% | |
| BSM | B | -2.44% | |
| PK | C | -2.41% | |
| EPR | C | -2.28% | |
| NMFC | D | -2.26% | |
| NNN | C | -2.18% | |
| NHS | D | -2.02% | |
| GNL | F | -1.83% |
KBWD: Top Represented Industries & Keywords
HIPS: Top Represented Industries & Keywords
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