MDIV vs. FDL ETF Comparison

Comparison of Multi-Asset Diversified Income Index Fund (MDIV) to First Trust Morningstar ETF (FDL)

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

$16.76

Average Daily Volume

87,595

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

FDL

First Trust Morningstar ETF

FDL Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Morningstar(R) Dividend Leaders Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The objective of the index is to offer investors a benchmark for dividend portfolios as well as a means to invest in a portfolio of stocks that have a consistent record of growing dividends as well as the ability to sustain them. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$43.34

Average Daily Volume

362,157

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

Performance

Period	MDIV	FDL
30 Days	1.81%	2.77%
60 Days	1.08%	4.11%
90 Days	3.36%	6.49%
12 Months	18.42%	33.82%

37 Overlapping Holdings

Symbol	Grade	Weight in MDIV	Weight in FDL	Overlap
AEP	D	0.31%	1.21%	0.31%
AVA	A	0.43%	0.1%	0.1%
BKH	A	0.43%	0.13%	0.13%
CAG	D	0.38%	0.41%	0.38%
CVX	A	0.41%	9.22%	0.41%
DUK	C	0.34%	2.18%	0.34%
EIX	B	0.34%	0.83%	0.34%
ES	D	0.37%	0.64%	0.37%
ETR	B	0.44%	0.82%	0.44%
EVRG	A	0.44%	0.44%	0.44%
EXC	C	0.38%	1.04%	0.38%
FAF	A	0.33%	0.16%	0.16%
FANG	D	0.47%	1.25%	0.47%
FE	C	0.35%	0.57%	0.35%
FLO	D	0.37%	0.13%	0.13%
GILD	C	0.44%	3.11%	0.44%
IBM	C	0.34%	4.35%	0.34%
IPG	D	0.34%	0.33%	0.33%
KHC	F	0.38%	0.91%	0.38%
KMB	D	0.31%	1.08%	0.31%
LYB	F	0.41%	0.87%	0.41%
MSM	C	0.36%	0.11%	0.11%
NJR	A	0.34%	0.12%	0.12%
NWE	B	0.45%	0.11%	0.11%
OGS	A	0.38%	0.1%	0.1%
OKE	A	0.51%	1.96%	0.51%
PNC	B	0.36%	2.12%	0.36%
PNM	F	0.39%	0.11%	0.11%
POR	C	0.36%	0.14%	0.14%
PRU	A	0.4%	1.46%	0.4%
SJM	D	0.33%	0.31%	0.31%
SR	A	0.42%	0.13%	0.13%
TROW	B	0.46%	0.9%	0.46%
VZ	C	0.6%	7.42%	0.6%
WEC	A	0.37%	0.76%	0.37%
WU	D	0.64%	0.2%	0.2%
XEL	A	0.39%	0.93%	0.39%

MDIV Overweight 66 Positions Relative to FDL

Symbol	Grade	Weight
HYLS	C	20.0%
IEP	F	1.51%
PMT	D	1.47%
ARLP	A	1.41%
DMLP	A	1.3%
BSM	B	1.28%
KRP	B	1.27%
DKL	C	1.2%
CAPL	D	1.17%
USAC	B	1.16%
AGNCN	B	1.09%
APLE	B	1.05%
LADR	B	1.03%
EPR	D	0.99%
GLP	A	0.96%
MPLX	A	0.95%
LTC	B	0.94%
CQP	B	0.92%
ET	A	0.91%
NRP	B	0.89%
WES	C	0.86%
GTY	B	0.84%
HST	C	0.83%
EPD	A	0.82%
FITBI	C	0.79%
GLPI	C	0.79%
CHSCO	C	0.78%
SPG	B	0.77%
CHSCL	C	0.76%
SUN	B	0.74%
AAT	B	0.72%
CHSCN	D	0.72%
RZC	C	0.72%
PAA	B	0.71%
VICI	C	0.71%
IIPR	D	0.71%
FCPT	C	0.71%
CHSCM	D	0.69%
PAGP	A	0.67%
NHI	D	0.65%
NNN	D	0.64%
BRX	A	0.63%
ALEX	C	0.62%
LAMR	D	0.61%
CTRE	D	0.6%
T	A	0.6%
CDP	C	0.58%
REG	B	0.57%
MAA	B	0.57%
PSA	D	0.56%
CUBE	D	0.56%
BMY	B	0.55%
CHRD	D	0.54%
ENLC	A	0.51%
DTM	B	0.45%
GEL	D	0.44%
HMN	B	0.42%
PINC	B	0.42%
VTRS	A	0.39%
DVN	F	0.36%
DRI	B	0.36%
SON	D	0.32%
NFG	A	0.32%
MDT	D	0.31%
GIS	D	0.3%
NMM	D	0.05%

MDIV Underweight 63 Positions Relative to FDL

Symbol	Grade	Weight
ABBV	D	-6.79%
PFE	D	-5.94%
PM	B	-5.87%
MO	A	-4.96%
UPS	C	-3.49%
USB	A	-2.44%
CVS	D	-2.33%
TFC	A	-2.19%
KMI	A	-2.06%
F	C	-1.78%
DOW	F	-1.23%
FITB	A	-0.78%
HBAN	A	-0.78%
RF	A	-0.75%
STT	A	-0.67%
KEY	B	-0.66%
CFG	B	-0.64%
AEE	A	-0.54%
BBY	D	-0.49%
CLX	B	-0.43%
OMF	A	-0.42%
K	A	-0.42%
FNF	B	-0.37%
LNT	A	-0.35%
CMA	A	-0.33%
WHR	B	-0.33%
CNH	C	-0.32%
FHN	A	-0.31%
SWK	D	-0.31%
PNW	B	-0.29%
BEN	C	-0.28%
COLB	A	-0.28%
LNC	B	-0.26%
OGE	B	-0.25%
MTN	C	-0.24%
HAS	D	-0.24%
ZION	B	-0.23%
UGI	A	-0.22%
SNV	B	-0.21%
FMC	D	-0.19%
JHG	A	-0.19%
APAM	B	-0.17%
VLY	B	-0.17%
UBSI	B	-0.16%
OZK	B	-0.15%
NXST	C	-0.15%
FIBK	A	-0.14%
WEN	D	-0.13%
TNL	A	-0.13%
ALE	A	-0.12%
CC	C	-0.12%
ASB	B	-0.12%
PRGO	B	-0.11%
FHB	A	-0.11%
MAN	D	-0.1%
CATY	B	-0.09%
AGR	B	-0.09%
SMG	D	-0.09%
FHI	A	-0.09%
LCII	C	-0.08%
CRI	D	-0.06%
SIRI	C	-0.05%
GEF	A	-0.01%