MDIV vs. FAZ ETF Comparison

Comparison of Multi-Asset Diversified Income Index Fund (MDIV) to Direxion Financial Bear 3X Shares (FAZ)

MDIV

Multi-Asset Diversified Income Index Fund

MDIV Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the NASDAQ Multi-Asset Diversified Income Index. The index is designed to provide access to a diversified portfolio of small, mid and large capitalization income producing securities, which are composed of domestic and international dividend-paying stocks, REITs, oil and gas or basic materials MLPs, U.S.-listed preferred securities and an index-based ETF that invests in high yield or "junk" bonds.

Grade (RS Rating)

Last Trade

$16.63

Average Daily Volume

77,998

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

FAZ

Direxion Financial Bear 3X Shares

FAZ Description

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the Russell 1000Â® Financial Services Index. The fund, under normal circumstances, creates short positions by investing at least 80% of its assets in financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index is a subset of the Russell 1000Â® Index that measures the performance of the securities classified in the financial services sector of the large cap U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$7.73

Average Daily Volume

6,376,209

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MDIV	FAZ
30 Days	2.03%	-1.63%
60 Days	6.07%	-27.76%
90 Days	7.36%	-24.49%
12 Months	23.67%	-60.91%

8 Overlapping Holdings

Symbol	Grade	Weight in MDIV	Weight in FAZ	Overlap
HST	D	0.83%	0.2%	0.2%
MAA	D	0.58%	0.24%	0.24%
PNC	C	0.32%	1.08%	0.32%
PRU	B	0.38%	0.63%	0.38%
PSA	C	0.61%	0.52%	0.52%
SPG	A	0.72%	0.73%	0.72%
TROW	D	0.41%	0.48%	0.41%
WU	D	0.72%	0.19%	0.19%

MDIV Overweight 95 Positions Relative to FAZ

Symbol	Grade	Weight
HYLS	B	19.97%
IEP	F	1.61%
PMT	C	1.59%
DKL	B	1.35%
ARLP	A	1.29%
BSM	B	1.25%
KRP	B	1.24%
DMLP	B	1.19%
CAPL	B	1.19%
USAC	D	1.15%
EPR	C	1.09%
AGNCN	A	1.09%
LADR	D	1.02%
APLE	B	0.99%
IIPR	C	0.92%
MPLX	B	0.9%
LTC	D	0.9%
GLP	B	0.89%
CQP	D	0.86%
WES	B	0.86%
ET	A	0.85%
GTY	C	0.85%
GLPI	C	0.83%
NRP	A	0.8%
FITBI	A	0.78%
CHSCO	C	0.77%
EPD	A	0.77%
SUN	D	0.76%
CHSCL	B	0.75%
VICI	C	0.75%
NNN	C	0.74%
FCPT	C	0.74%
CHSCN	C	0.72%
CHSCM	C	0.71%
PAA	B	0.71%
RZC	C	0.71%
AAT	C	0.7%
NHI	C	0.7%
PAGP	B	0.67%
VZ	C	0.66%
LAMR	C	0.64%
CTRE	C	0.62%
ALEX	D	0.62%
CUBE	C	0.62%
BRX	C	0.61%
T	B	0.59%
CDP	B	0.58%
REG	C	0.55%
CHRD	F	0.53%
GEL	D	0.51%
BMY	A	0.48%
NWE	C	0.47%
LYB	B	0.47%
ENLC	A	0.47%
CAG	D	0.45%
AVA	D	0.45%
FANG	D	0.44%
EVRG	C	0.43%
OKE	A	0.43%
KHC	F	0.42%
BKH	C	0.42%
SR	D	0.42%
ETR	A	0.4%
EXC	C	0.4%
ES	D	0.4%
FLO	D	0.39%
GILD	A	0.39%
POR	D	0.38%
OGS	C	0.38%
PNM	B	0.37%
PINC	F	0.37%
WEC	B	0.37%
CVX	B	0.37%
FE	C	0.37%
VTRS	D	0.36%
EIX	C	0.36%
MSM	D	0.36%
XEL	C	0.36%
IPG	D	0.36%
DRI	C	0.35%
DTM	A	0.35%
IBM	A	0.35%
HMN	B	0.35%
DVN	F	0.35%
SJM	D	0.35%
DUK	C	0.35%
GIS	C	0.34%
FAF	C	0.34%
NJR	C	0.34%
AEP	C	0.34%
SON	D	0.34%
MDT	C	0.33%
KMB	D	0.33%
NFG	A	0.32%
NMM	B	0.06%

MDIV Underweight 89 Positions Relative to FAZ

Symbol	Grade	Weight
BRK.A	B	-7.22%
JPM	C	-6.91%
V	B	-5.62%
MA	A	-4.6%
BAC	B	-4.53%
WFC	B	-3.0%
C	B	-2.84%
PYPL	A	-2.19%
AMT	D	-1.64%
FIS	A	-1.44%
AXP	A	-1.41%
USB	C	-1.27%
GS	B	-1.27%
TFC	D	-1.21%
CME	A	-1.18%
SPGI	C	-1.17%
CB	A	-1.11%
MS	A	-1.07%
BLK	A	-1.01%
CCI	D	-0.96%
PLD	D	-0.95%
GPN	F	-0.95%
MMC	D	-0.93%
SCHW	D	-0.89%
ICE	A	-0.85%
EQIX	C	-0.8%
AON	A	-0.79%
COF	A	-0.78%
AIG	C	-0.74%
PGR	B	-0.71%
MCO	D	-0.68%
MET	A	-0.66%
AFL	A	-0.62%
BK	A	-0.61%
ALL	A	-0.61%
TRV	C	-0.58%
WELL	C	-0.56%
STT	A	-0.48%
AVB	C	-0.48%
EQR	C	-0.48%
SBAC	C	-0.45%
DFS	B	-0.42%
WTW	C	-0.42%
DLR	C	-0.41%
O	C	-0.4%
SQ	D	-0.38%
MSCI	B	-0.37%
WY	C	-0.37%
SYF	A	-0.37%
AMP	A	-0.35%
VTR	C	-0.35%
HIG	A	-0.35%
NTRS	B	-0.34%
MTB	A	-0.34%
BXP	B	-0.34%
ESS	D	-0.33%
CBRE	C	-0.33%
FITB	C	-0.33%
KEY	B	-0.31%
ARE	D	-0.3%
EFX	D	-0.3%
ACGL	A	-0.28%
TRU	C	-0.28%
CFG	C	-0.28%
AJG	C	-0.28%
INVH	D	-0.26%
CINF	A	-0.26%
MKL	B	-0.26%
PFG	A	-0.25%
RF	B	-0.25%
BR	B	-0.24%
HBAN	B	-0.24%
SUI	D	-0.23%
WPC	C	-0.23%
L	C	-0.22%
UDR	C	-0.22%
MKTX	B	-0.22%
NLY	C	-0.22%
EXR	D	-0.22%
ELS	D	-0.2%
FNF	C	-0.2%
NDAQ	C	-0.2%
ALLY	F	-0.19%
FICO	C	-0.19%
VNO	B	-0.19%
LNC	B	-0.19%
RJF	B	-0.19%
MPW	C	-0.18%
JKHY	A	-0.18%