PFFV vs. JHPI ETF Comparison

Comparison of Global X Variable Rate Preferred ETF (PFFV) to John Hancock Preferred Income ETF (JHPI)

PFFV

Global X Variable Rate Preferred ETF

PFFV Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the ICE U.S. Variable Rate Preferred Securities Index. The fund invests at least 80% of its total assets, plus borrowings for investments purposes (if any), in the securities of the underlying index and in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities in the underlying index. The underlying index is designed to track the broad-based performance of the U.S.-listed variable rate preferred securities market. It is non-diversified.

Grade (RS Rating)

Last Trade

$23.85

Average Daily Volume

51,512

Number of Holdings ^*

* may have additional holdings in another (foreign) market

JHPI

John Hancock Preferred Income ETF

JHPI Description

Under normal market conditions, the fund invests at least 80% of its net assets in preferred stocks and other preferred securities. Preferred stocks and preferred securities include, but are not limited to, convertible preferred securities, corporate hybrid securities, trust preferred securities, cumulative and non-cumulative preferred stock, and depositary shares of preferred stock. The adviser will concentrate its investments in the group of industries that comprise the utilities and the communication sectors.

Grade (RS Rating)

Last Trade

$23.21

Average Daily Volume

11,134

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PFFV	JHPI
30 Days	-0.04%	2.40%
60 Days	2.80%	4.93%
90 Days	0.97%	3.97%
12 Months	7.19%	21.66%

2 Overlapping Holdings

	Symbol	Grade	Weight in PFFV	Weight in JHPI	Overlap
	ESGRP	F	1.31%	0.32%	0.32%
	RZC	C	2.98%	1.28%	1.28%

PFFV Overweight 7 Positions Relative to JHPI

Symbol	Grade	Weight
FITBI	A	1.98%
CHSCN	C	1.84%
RZB	B	1.6%
AGNCN	A	1.4%
TVC	B	0.99%
SLMBP	D	0.82%
TVE	A	0.79%

PFFV Underweight 13 Positions Relative to JHPI

Symbol	Grade	Weight
AQNB	C	-1.38%
SREA	A	-1.16%
CMSD	B	-1.1%
NEE	C	-0.94%
DTW	A	-0.9%
QRTEP	C	-0.57%
UNMA	C	-0.55%
CMSA	B	-0.5%
AFGC	A	-0.49%
UZE	B	-0.36%
SOJD	C	-0.21%
NRUC	B	-0.19%
CMSC	B	-0.18%

PFFV: Top Represented Industries & Keywords

Industries: Electric Utilities Banks - Regional - US Credit Services Farm Products Insurance - Diversified Other REIT - Residential