MDIV vs. NBCR ETF Comparison

Comparison of Multi-Asset Diversified Income Index Fund (MDIV) to Neuberger Berman Core Equity ETF (NBCR)

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

NBCR

Neuberger Berman Core Equity ETF

NBCR Description

To pursue its goal, the fund invests mainly in equity securities of large-capitalization companies, which it defines as companies that have a market capitalization within the market capitalization range of companies in the Russell 1000® Index at the time of initial purchase. The portfolio managers seek to invest in a broadly diversified group of securities that have the potential to outperform the Russell 1000 Index with a lower level of risk through security selection.

Grade (RS Rating)

Last Trade

$27.43

Average Daily Volume

16,373

Number of Holdings ^*

192

* may have additional holdings in another (foreign) market

Performance

Period	MDIV	NBCR
30 Days	1.81%	2.81%
60 Days	1.08%	4.11%
90 Days	3.36%	5.52%
12 Months	18.42%

13 Overlapping Holdings

Symbol	Grade	Weight in MDIV	Weight in NBCR	Overlap
AEP	D	0.31%	0.19%	0.19%
BMY	B	0.55%	0.28%	0.28%
DTM	B	0.45%	0.08%	0.08%
DUK	C	0.34%	0.23%	0.23%
ETR	B	0.44%	0.16%	0.16%
FANG	D	0.47%	0.24%	0.24%
FCPT	C	0.71%	0.14%	0.14%
FE	C	0.35%	0.11%	0.11%
GIS	D	0.3%	0.31%	0.3%
MDT	D	0.31%	0.72%	0.31%
OKE	A	0.51%	0.16%	0.16%
PNC	B	0.36%	0.31%	0.31%
T	A	0.6%	0.75%	0.6%

MDIV Overweight 90 Positions Relative to NBCR

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%
CHSCM	D	0.69%
PAGP	A	0.67%
NHI	D	0.65%
WU	D	0.64%
NNN	D	0.64%
BRX	A	0.63%
ALEX	C	0.62%
LAMR	D	0.61%
VZ	C	0.6%
CTRE	D	0.6%
CDP	C	0.58%
REG	B	0.57%
MAA	B	0.57%
PSA	D	0.56%
CUBE	D	0.56%
CHRD	D	0.54%
ENLC	A	0.51%
TROW	B	0.46%
NWE	B	0.45%
GILD	C	0.44%
EVRG	A	0.44%
GEL	D	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%
XEL	A	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%
WEC	A	0.37%
DVN	F	0.36%
POR	C	0.36%
MSM	C	0.36%
DRI	B	0.36%
IBM	C	0.34%
IPG	D	0.34%
EIX	B	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%
NMM	D	0.05%

MDIV Underweight 179 Positions Relative to NBCR

Symbol	Grade	Weight
NVDA	C	-6.7%
AAPL	C	-6.48%
MSFT	F	-6.01%
AMZN	C	-3.83%
GOOGL	C	-3.37%
GOOG	C	-1.94%
AON	A	-1.41%
JPM	A	-1.4%
V	A	-1.23%
HD	A	-1.22%
LLY	F	-1.19%
XOM	B	-1.15%
MA	C	-1.1%
COST	B	-1.06%
ORCL	B	-0.99%
WFC	A	-0.99%
JNJ	D	-0.98%
UNM	A	-0.97%
GE	D	-0.94%
QCOM	F	-0.91%
TMUS	B	-0.88%
BSX	B	-0.87%
PG	A	-0.87%
CRM	B	-0.87%
ABBV	D	-0.86%
NFLX	A	-0.81%
TDG	D	-0.77%
NOW	A	-0.77%
BAC	A	-0.76%
AIG	B	-0.76%
SPGI	C	-0.74%
UBER	D	-0.74%
TJX	A	-0.71%
FI	A	-0.66%
TXN	C	-0.63%
ETN	A	-0.63%
CCL	B	-0.62%
INTU	C	-0.62%
KKR	A	-0.61%
FYBR	D	-0.6%
LIN	D	-0.59%
GM	B	-0.59%
MCD	D	-0.58%
SNPS	B	-0.58%
AMD	F	-0.57%
IWB	A	-0.56%
ICE	C	-0.56%
TMO	F	-0.53%
DKNG	B	-0.52%
AMAT	F	-0.52%
VRTX	F	-0.51%
CAT	B	-0.51%
CRWD	B	-0.51%
UL	D	-0.51%
ADI	D	-0.5%
ZBH	C	-0.5%
BKNG	A	-0.49%
PH	A	-0.48%
TT	A	-0.48%
ACN	C	-0.47%
CSCO	B	-0.46%
ALL	A	-0.45%
APH	A	-0.45%
MMM	D	-0.44%
GS	A	-0.42%
KDP	D	-0.42%
ULTA	F	-0.4%
COP	C	-0.4%
NVT	B	-0.39%
C	A	-0.39%
PLD	D	-0.38%
CARR	D	-0.36%
CL	D	-0.36%
IR	B	-0.36%
MDLZ	F	-0.36%
BLK	C	-0.35%
MSI	B	-0.35%
LVS	C	-0.35%
NEE	D	-0.33%
CVS	D	-0.33%
DE	A	-0.33%
APO	B	-0.32%
URI	B	-0.32%
AMGN	D	-0.31%
EOG	A	-0.31%
REGN	F	-0.3%
TRU	D	-0.3%
NDAQ	A	-0.3%
AVY	D	-0.29%
NSC	B	-0.29%
MCO	B	-0.28%
CSX	B	-0.27%
FCX	D	-0.26%
ELV	F	-0.26%
LMT	D	-0.26%
GL	B	-0.26%
ORLY	B	-0.26%
HCA	F	-0.26%
SLB	C	-0.26%
MCK	B	-0.25%
DAL	C	-0.25%
DLTR	F	-0.25%
AIZ	A	-0.25%
NKE	D	-0.25%
MLM	B	-0.25%
SHW	A	-0.24%
PSX	C	-0.24%
FITB	A	-0.24%
ASML	F	-0.23%
K	A	-0.22%
LEN	D	-0.22%
EHC	B	-0.22%
MET	A	-0.22%
FDX	B	-0.22%
SAIA	B	-0.21%
WCN	A	-0.21%
LRCX	F	-0.2%
HUM	C	-0.2%
SRE	A	-0.2%
VTR	C	-0.2%
CHKP	D	-0.2%
J	F	-0.19%
BA	F	-0.19%
DGX	A	-0.19%
EFX	F	-0.18%
DXCM	D	-0.18%
CNC	D	-0.18%
STZ	D	-0.17%
EA	A	-0.17%
MOH	F	-0.17%
D	C	-0.17%
ADSK	A	-0.17%
VRSK	A	-0.17%
CEG	D	-0.17%
WMB	A	-0.16%
PEG	A	-0.16%
RSG	A	-0.16%
ELS	C	-0.16%
ECL	D	-0.16%
TKO	B	-0.15%
VST	B	-0.15%
CFG	B	-0.14%
ESI	A	-0.14%
PCG	A	-0.14%
APTV	D	-0.14%
WRBY	B	-0.14%
APD	A	-0.14%
EQT	B	-0.13%
LNT	A	-0.13%
LNG	B	-0.13%
AVTR	F	-0.13%
CDW	F	-0.13%
ENTG	D	-0.13%
IQV	D	-0.13%
IT	C	-0.13%
BLDR	D	-0.12%
MTCH	D	-0.12%
TW	A	-0.12%
BK	A	-0.12%
NUE	C	-0.11%
STWD	C	-0.11%
ON	D	-0.1%
INVH	D	-0.1%
STLD	B	-0.1%
EQR	B	-0.09%
CNP	B	-0.09%
TRGP	B	-0.09%
BMRN	D	-0.09%
UTZ	D	-0.08%
CCK	C	-0.08%
WIX	B	-0.08%
TOL	B	-0.07%
DTE	C	-0.07%
SMAR	A	-0.07%
GXO	B	-0.06%
WY	D	-0.06%
IONS	F	-0.05%
FBIN	D	-0.05%
BHP	F	-0.03%