MDIV vs. IQRA ETF Comparison

Comparison of Multi-Asset Diversified Income Index Fund (MDIV) to IQ MacKay Municipal Insured ETF IQ CBRE Real Assets ETF (IQRA)

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

IQRA

IQ MacKay Municipal Insured ETF IQ CBRE Real Assets ETF

IQRA Description

The fund will normally invest at least 80% of its assets (net assets plus borrowings for investment purposes) in securities issued by real assets companies. Under normal circumstances, the fund invests primarily in common stock, but may also invest in other equity securities including preferred stock, convertible securities, rights or warrants to buy common stocks, master limited partnerships ("MLPs"), and depositary receipts with characteristics similar to common stock.

Grade (RS Rating)

Last Trade

$27.36

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MDIV	IQRA
30 Days	1.81%	-0.76%
60 Days	1.08%	-2.13%
90 Days	3.36%	1.59%
12 Months	18.42%	21.02%

13 Overlapping Holdings

Symbol	Grade	Weight in MDIV	Weight in IQRA	Overlap
BRX	A	0.63%	0.63%	0.63%
CUBE	D	0.56%	1.31%	0.56%
EVRG	A	0.44%	0.76%	0.44%
FCPT	C	0.71%	0.43%	0.43%
HST	C	0.83%	1.5%	0.83%
PAGP	A	0.67%	0.95%	0.67%
POR	C	0.36%	0.33%	0.33%
PSA	D	0.56%	0.51%	0.51%
REG	B	0.57%	1.32%	0.57%
SPG	B	0.77%	5.27%	0.77%
VICI	C	0.71%	0.67%	0.67%
WEC	A	0.37%	2.67%	0.37%
XEL	A	0.39%	0.93%	0.39%

MDIV Overweight 90 Positions Relative to IQRA

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%
EPD	A	0.82%
FITBI	C	0.79%
GLPI	C	0.79%
CHSCO	C	0.78%
CHSCL	C	0.76%
SUN	B	0.74%
AAT	B	0.72%
CHSCN	D	0.72%
RZC	C	0.72%
PAA	B	0.71%
IIPR	D	0.71%
CHSCM	D	0.69%
NHI	D	0.65%
WU	D	0.64%
NNN	D	0.64%
ALEX	C	0.62%
LAMR	D	0.61%
VZ	C	0.6%
CTRE	D	0.6%
T	A	0.6%
CDP	C	0.58%
MAA	B	0.57%
BMY	B	0.55%
CHRD	D	0.54%
ENLC	A	0.51%
OKE	A	0.51%
FANG	D	0.47%
TROW	B	0.46%
DTM	B	0.45%
NWE	B	0.45%
GILD	C	0.44%
GEL	D	0.44%
ETR	B	0.44%
BKH	A	0.43%
AVA	A	0.43%
HMN	B	0.42%
PINC	B	0.42%
SR	A	0.42%
LYB	F	0.41%
CVX	A	0.41%
PRU	A	0.4%
PNM	F	0.39%
VTRS	A	0.39%
EXC	C	0.38%
CAG	D	0.38%
OGS	A	0.38%
KHC	F	0.38%
ES	D	0.37%
FLO	D	0.37%
DVN	F	0.36%
PNC	B	0.36%
MSM	C	0.36%
DRI	B	0.36%
FE	C	0.35%
IBM	C	0.34%
IPG	D	0.34%
EIX	B	0.34%
DUK	C	0.34%
NJR	A	0.34%
SJM	D	0.33%
FAF	A	0.33%
SON	D	0.32%
NFG	A	0.32%
KMB	D	0.31%
MDT	D	0.31%
AEP	D	0.31%
GIS	D	0.3%
NMM	D	0.05%

MDIV Underweight 34 Positions Relative to IQRA

Symbol	Grade	Weight
O	D	-3.8%
EQIX	A	-3.71%
TRGP	B	-3.45%
CSX	B	-2.65%
SUI	D	-2.14%
NEE	D	-2.13%
WELL	A	-2.07%
AMT	D	-2.01%
PPL	B	-1.61%
PCG	A	-1.56%
DLR	B	-1.21%
ATO	A	-1.03%
ADC	B	-1.03%
UE	C	-1.02%
EXR	D	-1.01%
COLD	D	-1.01%
CMS	C	-0.93%
IRM	D	-0.91%
ESRT	C	-0.88%
WTRG	B	-0.85%
REXR	F	-0.84%
OGE	B	-0.83%
CNI	D	-0.8%
SRE	A	-0.78%
DTE	C	-0.77%
NSC	B	-0.73%
INVH	D	-0.73%
AES	F	-0.71%
CNP	B	-0.69%
CPK	A	-0.65%
AEE	A	-0.53%
CEG	D	-0.47%
ALE	A	-0.41%
KMI	A	-0.36%