MDIV vs. PSK ETF Comparison

Comparison of Multi-Asset Diversified Income Index Fund (MDIV) to SPDR Wells Fargo Preferred Stock ETF (PSK)

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

$16.31

Average Daily Volume

79,924

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

PSK

SPDR Wells Fargo Preferred Stock ETF

PSK Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index. In seeking to track the performance of the Wells Fargo Hybrid and Preferred Securities Aggregate Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index is a modified market capitalization weighted index designed to measure the performance of non-convertible preferred stock and securities that are functionally equivalent to preferred stock. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.60

Average Daily Volume

144,724

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MDIV	PSK
30 Days	-1.29%	-2.47%
60 Days	0.11%	1.06%
90 Days	2.45%	3.77%
12 Months	18.08%	15.25%

2 Overlapping Holdings

	Symbol	Grade	Weight in MDIV	Weight in PSK	Overlap
	FITBI	A	0.78%	0.62%	0.62%
	RZC	A	0.72%	1.02%	0.72%

MDIV Overweight 101 Positions Relative to PSK

Symbol	Grade	Weight
HYLS	C	19.74%
IEP	D	1.82%
PMT	D	1.54%
ARLP	A	1.32%
DMLP	A	1.3%
CAPL	A	1.25%
BSM	D	1.25%
KRP	B	1.24%
DKL	D	1.2%
USAC	F	1.1%
AGNCN	A	1.08%
EPR	D	1.05%
LADR	B	1.0%
APLE	C	1.0%
IIPR	C	0.91%
GLP	A	0.91%
MPLX	A	0.89%
LTC	A	0.88%
ET	A	0.87%
GTY	C	0.87%
WES	D	0.87%
CQP	A	0.85%
HST	D	0.83%
GLPI	D	0.82%
NRP	B	0.78%
CHSCO	A	0.77%
EPD	A	0.77%
CHSCL	A	0.75%
VICI	D	0.74%
SPG	C	0.74%
SUN	F	0.74%
NNN	D	0.73%
FCPT	D	0.73%
AAT	C	0.72%
CHSCN	A	0.71%
PAA	D	0.7%
CHSCM	B	0.69%
WU	F	0.67%
PAGP	D	0.66%
LAMR	B	0.65%
NHI	C	0.63%
CTRE	A	0.62%
CDP	B	0.61%
BRX	C	0.61%
VZ	D	0.61%
T	A	0.6%
ALEX	C	0.59%
CUBE	D	0.57%
PSA	D	0.56%
MAA	D	0.56%
REG	D	0.55%
CHRD	F	0.52%
GEL	F	0.5%
BMY	A	0.49%
ENLC	A	0.48%
FANG	F	0.46%
OKE	B	0.46%
NWE	D	0.45%
AVA	D	0.44%
EVRG	C	0.43%
LYB	F	0.43%
GILD	A	0.42%
KHC	D	0.42%
TROW	A	0.42%
ETR	A	0.41%
BKH	D	0.41%
SR	D	0.41%
EXC	C	0.4%
CAG	D	0.4%
DTM	A	0.39%
ES	D	0.39%
PRU	B	0.39%
WEC	B	0.38%
CVX	A	0.38%
HMN	A	0.38%
POR	C	0.38%
DUK	C	0.37%
FE	D	0.37%
FLO	F	0.37%
PNM	B	0.37%
OGS	C	0.37%
DVN	F	0.36%
XEL	A	0.36%
PINC	A	0.36%
IBM	C	0.35%
DRI	C	0.35%
VTRS	B	0.35%
EIX	D	0.35%
SJM	F	0.34%
IPG	F	0.34%
FAF	D	0.33%
PNC	B	0.33%
MSM	D	0.33%
MDT	B	0.33%
AEP	D	0.33%
NFG	C	0.33%
SON	F	0.33%
NJR	D	0.33%
KMB	D	0.32%
GIS	D	0.31%
NMM	D	0.06%

MDIV Underweight 23 Positions Relative to PSK

Symbol	Grade	Weight
TBB	C	-1.73%
SOJD	D	-1.24%
TBC	D	-1.12%
SREA	A	-1.02%
CMSD	C	-0.85%
PRS	C	-0.77%
DUKB	C	-0.67%
SOJC	D	-0.59%
PFH	D	-0.55%
RZB	C	-0.54%
DTW	D	-0.53%
EAI	D	-0.51%
ESGRP	B	-0.45%
ACGLO	C	-0.42%
MGR	C	-0.4%
UNMA	D	-0.4%
CMSC	C	-0.37%
GPJA	D	-0.35%
ELC	D	-0.33%
NRUC	C	-0.33%
EMP	D	-0.32%
TVC	C	-0.31%
AIZN	C	-0.3%

PSK: Top Represented Industries & Keywords

Industries: Other Insurance - Diversified Banks - Regional - US Electric Utilities Insurance