MPAY vs. IWB ETF Comparison
Comparison of Akros Monthly Payout ETF (MPAY) to iShares Russell 1000 ETF (IWB)
MPAY
Akros Monthly Payout ETF
MPAY Description
MPAY seeks to provide potential monthly distributions, which may include return of capital to investors. The index is generally comprised of 50 stocks and 18 ETFs. For the stock component of the index, only those listed on a US exchange and have a market-cap of at least $1 billion may be included. A proprietary algorithm analyzes historical financial and trading data to rank and select stocks based on their excess return factor, which is a formula that gauges whether a stock could outperform future markets. The top 50 stocks are selected to be included. The ETF component of the index aims to cut across different asset classes: mainly foreign equity, broad commodity, gold, Treasurys, bonds, REITs, MBTs, and global infrastructure ETFs. Individual weights are based on a proprietary methodology that incorporates modern portfolio theory principles such as historical covariance, historical mean, historical risk contribution, and cluster analysis. The index is rebalanced monthly and is non-diversified.
Grade (RS Rating)
Last Trade
$25.42
Average Daily Volume
887
52
IWB
iShares Russell 1000 ETF
IWB Description
The investment seeks to track the investment results of an index composed of large- and mid-capitalization U.S. equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell 1000® Index (the "underlying index"), which measures the performance of large- and mid-capitalization sectors of the U.S. equity market.Grade (RS Rating)
Last Trade
$307.82
Average Daily Volume
779,859
10
Performance
| Period | MPAY | IWB |
|---|---|---|
| 30 Days | 0.08% | 0.48% |
| 60 Days | 1.39% | 2.42% |
| 90 Days | 1.67% | 3.40% |
| 12 Months | 20.56% | 27.68% |
MPAY Overweight 46 Positions Relative to IWB
| Symbol | Grade | Weight | |
|---|---|---|---|
| GLDM | B | 3.6% | |
| IAUM | B | 3.36% | |
| WMT | B | 2.21% | |
| TSLA | C | 1.83% | |
| ORCL | B | 1.78% | |
| V | B | 1.77% | |
| COST | C | 1.77% | |
| MA | B | 1.76% | |
| UNH | C | 1.74% | |
| HD | B | 1.74% | |
| ADBE | D | 1.57% | |
| XOM | D | 1.55% | |
| MRK | D | 1.53% | |
| NOW | A | 1.46% | |
| JNJ | B | 1.46% | |
| AMAT | D | 1.45% | |
| ABBV | C | 1.45% | |
| NFLX | B | 1.44% | |
| CRM | D | 1.43% | |
| LOW | B | 1.37% | |
| QCOM | D | 1.36% | |
| ACN | C | 1.34% | |
| CVX | D | 1.32% | |
| LRCX | F | 1.32% | |
| KLAC | D | 1.32% | |
| MCD | C | 1.31% | |
| INTU | D | 1.3% | |
| CAT | C | 1.28% | |
| HCA | B | 1.28% | |
| FTNT | C | 1.28% | |
| TJX | C | 1.28% | |
| CSCO | B | 1.28% | |
| PM | C | 1.27% | |
| LIN | B | 1.27% | |
| BKNG | B | 1.26% | |
| PEP | C | 1.25% | |
| NKE | D | 1.25% | |
| ADP | B | 1.24% | |
| AZO | D | 1.24% | |
| ABNB | D | 1.23% | |
| TXN | C | 1.23% | |
| ABT | C | 1.23% | |
| LMT | C | 1.23% | |
| UPS | D | 1.22% | |
| RTX | C | 1.19% | |
| DELL | D | 1.02% |
MPAY: Top Represented Industries & Keywords
IWB: Top Represented Industries & Keywords
Compare ETFs
