REZ vs. MDIV ETF Comparison

Comparison of iShares Residential Real Estate Capped ETF (REZ) to Multi-Asset Diversified Income Index Fund (MDIV)

REZ

iShares Residential Real Estate Capped ETF

REZ Description

The investment seeks to track the investment results of an index composed of U.S. residential, healthcare and self-storage real estate 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. The underlying index measures the performance of the residential, healthcare and self-storage real estate sectors of the U.S. equity market. Components primarily include real estate investment trusts ("REITs"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$88.02

Average Daily Volume

158,071

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$16.63

Average Daily Volume

82,153

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

Performance

Period	REZ	MDIV
30 Days	3.14%	1.25%
60 Days	0.52%	2.95%
90 Days	6.79%	5.28%
12 Months	42.12%	20.79%

6 Overlapping Holdings

Symbol	Grade	Weight in REZ	Weight in MDIV	Overlap
CTRE	C	1.04%	0.66%	0.66%
CUBE	D	2.41%	0.56%	0.56%
LTC	B	0.36%	0.96%	0.36%
MAA	C	3.94%	0.55%	0.55%
NHI	C	0.72%	0.66%	0.66%
PSA	D	10.55%	0.56%	0.56%

REZ Overweight 33 Positions Relative to MDIV

Symbol	Grade	Weight
WELL	B	16.56%
EXR	D	6.94%
AVB	A	6.32%
EQR	D	5.38%
VTR	B	4.75%
ARE	D	4.37%
INVH	D	4.06%
ESS	C	4.02%
SUI	F	3.65%
DOC	B	3.49%
UDR	C	3.08%
ELS	C	2.9%
AMH	D	2.69%
CPT	C	2.68%
OHI	B	2.31%
HR	D	1.46%
IRT	B	0.97%
SBRA	B	0.97%
NSA	D	0.65%
MPW	D	0.61%
AHR	C	0.49%
ELME	C	0.33%
SILA	F	0.32%
VRE	B	0.29%
UMH	C	0.27%
AIV	D	0.27%
CSR	B	0.23%
NXRT	C	0.21%
DHC	F	0.17%
GMRE	D	0.12%
CHCT	C	0.11%
UHT	D	0.11%
BRT	C	0.04%

REZ Underweight 97 Positions Relative to MDIV

Symbol	Grade	Weight
HYLS	B	-19.85%
IEP	F	-1.57%
PMT	D	-1.54%
ARLP	C	-1.33%
KRP	B	-1.24%
CAPL	D	-1.24%
DMLP	B	-1.24%
BSM	B	-1.23%
DKL	F	-1.19%
USAC	C	-1.12%
AGNCN	B	-1.09%
EPR	D	-1.06%
APLE	B	-1.02%
LADR	C	-1.01%
GLP	B	-0.9%
IIPR	F	-0.9%
MPLX	B	-0.9%
CQP	C	-0.87%
ET	A	-0.87%
GTY	B	-0.86%
WES	D	-0.85%
HST	C	-0.84%
GLPI	D	-0.82%
FITBI	A	-0.79%
NRP	A	-0.79%
CHSCO	A	-0.78%
EPD	A	-0.78%
CHSCL	A	-0.76%
SPG	A	-0.74%
SUN	D	-0.73%
AAT	B	-0.73%
VICI	D	-0.73%
CHSCN	B	-0.72%
RZC	A	-0.72%
FCPT	D	-0.71%
NNN	D	-0.7%
PAA	C	-0.69%
CHSCM	C	-0.69%
PAGP	C	-0.65%
WU	F	-0.65%
LAMR	C	-0.64%
CDP	C	-0.62%
VZ	D	-0.61%
BRX	A	-0.61%
ALEX	B	-0.61%
T	B	-0.6%
REG	B	-0.56%
CHRD	F	-0.52%
ENLC	B	-0.49%
BMY	C	-0.49%
GEL	F	-0.49%
OKE	A	-0.46%
FANG	D	-0.45%
AVA	D	-0.44%
NWE	D	-0.44%
LYB	F	-0.43%
GILD	B	-0.42%
EVRG	B	-0.42%
TROW	B	-0.42%
ETR	B	-0.41%
CAG	F	-0.41%
DTM	A	-0.41%
SR	D	-0.41%
BKH	C	-0.41%
PRU	C	-0.4%
KHC	F	-0.4%
ES	D	-0.39%
EXC	D	-0.39%
HMN	B	-0.38%
VTRS	B	-0.37%
WEC	B	-0.37%
OGS	C	-0.37%
FLO	F	-0.37%
PINC	B	-0.37%
CVX	B	-0.37%
POR	D	-0.37%
FE	D	-0.36%
PNM	B	-0.36%
IPG	F	-0.35%
MSM	C	-0.35%
DVN	F	-0.35%
DUK	D	-0.35%
XEL	B	-0.35%
NJR	C	-0.34%
EIX	D	-0.34%
DRI	B	-0.34%
AEP	D	-0.33%
IBM	D	-0.33%
MDT	C	-0.33%
SON	F	-0.33%
PNC	A	-0.33%
FAF	D	-0.33%
SJM	D	-0.33%
NFG	C	-0.32%
KMB	D	-0.31%
GIS	F	-0.31%
NMM	D	-0.05%