VRAI vs. MDIV ETF Comparison

Comparison of Virtus Real Asset Income ETF (VRAI) to Multi-Asset Diversified Income Index Fund (MDIV)

VRAI

Virtus Real Asset Income ETF

VRAI Description

The investment seeks investment results that correspond the price and yield performance of the Indxx Real Asset Income Index (the "underlying index"). Under normal market conditions, the fund will invest not less than 80% of its assets in component securities of the underlying index. The underlying index is designed to track the performance of U.S.-listed "Real Asset" companies, as defined by Indxx, LLC, the index provider of the underlying index. The underlying index includes common stock, real estate investment trusts, master limited partnerships, American depositary receipts and global depositary receipts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.64

Average Daily Volume

1,077

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

$16.67

Average Daily Volume

86,599

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

Performance

Period	VRAI	MDIV
30 Days	1.14%	1.28%
60 Days	1.21%	0.73%
90 Days	1.40%	2.82%
12 Months	15.57%	17.80%

27 Overlapping Holdings

Symbol	Grade	Weight in VRAI	Weight in MDIV	Overlap
AAT	B	1.15%	0.72%	0.72%
AEP	C	1.03%	0.31%	0.31%
APLE	B	1.17%	1.05%	1.05%
ARLP	A	1.19%	1.41%	1.19%
AVA	A	1.11%	0.43%	0.43%
BRX	A	1.17%	0.63%	0.63%
BSM	B	1.14%	1.28%	1.14%
CUBE	C	1.0%	0.56%	0.56%
DMLP	A	1.21%	1.3%	1.21%
DVN	F	1.06%	0.36%	0.36%
EPR	C	1.06%	0.99%	0.99%
ES	C	1.02%	0.37%	0.37%
FANG	C	1.13%	0.47%	0.47%
HST	C	1.09%	0.83%	0.83%
IIPR	D	0.86%	0.71%	0.71%
KRP	B	1.16%	1.27%	1.16%
MAA	B	1.11%	0.57%	0.57%
NJR	A	1.13%	0.34%	0.34%
NRP	B	1.25%	0.89%	0.89%
OGS	A	1.16%	0.38%	0.38%
PAA	B	1.08%	0.71%	0.71%
PAGP	A	1.07%	0.67%	0.67%
PNM	B	1.2%	0.39%	0.39%
PSA	C	1.03%	0.56%	0.56%
REG	A	1.16%	0.57%	0.57%
WEC	A	1.17%	0.37%	0.37%
WES	C	1.06%	0.86%	0.86%

VRAI Overweight 51 Positions Relative to MDIV

Symbol	Grade	Weight
TS	B	1.4%
FDP	B	1.33%
SKT	A	1.28%
SPOK	B	1.27%
ROIC	A	1.25%
CCOI	B	1.24%
GPRK	C	1.23%
CTRA	B	1.21%
EOG	A	1.2%
KIM	A	1.2%
NI	A	1.19%
IVT	A	1.18%
GGB	C	1.18%
SBR	B	1.17%
OVV	B	1.17%
RHP	B	1.17%
ADC	A	1.16%
ENIC	B	1.15%
PTEN	C	1.14%
LNT	A	1.14%
OUT	A	1.14%
COP	C	1.14%
SBSW	D	1.13%
SCCO	F	1.13%
KT	A	1.13%
NFE	D	1.12%
HESM	B	1.11%
EPRT	B	1.1%
CMS	C	1.1%
VALE	F	1.09%
CPT	B	1.09%
CIG	C	1.08%
FR	D	1.08%
PBR	D	1.08%
EGP	D	1.06%
SID	F	1.06%
GFI	D	1.05%
INVH	D	1.05%
BNL	D	1.04%
EQNR	C	1.03%
EXR	C	1.02%
CWEN	C	1.02%
TRNO	F	1.01%
CCI	C	1.0%
APA	D	0.99%
NSA	C	0.99%
EC	D	0.93%
AMT	C	0.93%
REXR	F	0.92%
BRY	F	0.91%
NEP	F	0.67%

VRAI Underweight 76 Positions Relative to MDIV

Symbol	Grade	Weight
HYLS	B	-20.0%
IEP	F	-1.51%
PMT	C	-1.47%
DKL	C	-1.2%
CAPL	C	-1.17%
USAC	B	-1.16%
AGNCN	A	-1.09%
LADR	B	-1.03%
GLP	A	-0.96%
MPLX	A	-0.95%
LTC	B	-0.94%
CQP	B	-0.92%
ET	A	-0.91%
GTY	A	-0.84%
EPD	A	-0.82%
FITBI	B	-0.79%
GLPI	C	-0.79%
CHSCO	B	-0.78%
SPG	A	-0.77%
CHSCL	B	-0.76%
SUN	B	-0.74%
CHSCN	D	-0.72%
RZC	C	-0.72%
VICI	C	-0.71%
FCPT	C	-0.71%
CHSCM	D	-0.69%
NHI	D	-0.65%
WU	F	-0.64%
NNN	C	-0.64%
ALEX	B	-0.62%
LAMR	C	-0.61%
VZ	C	-0.6%
CTRE	C	-0.6%
T	A	-0.6%
CDP	C	-0.58%
BMY	B	-0.55%
CHRD	D	-0.54%
ENLC	A	-0.51%
OKE	A	-0.51%
TROW	B	-0.46%
DTM	A	-0.45%
NWE	B	-0.45%
GILD	C	-0.44%
EVRG	A	-0.44%
GEL	D	-0.44%
ETR	B	-0.44%
BKH	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%
XEL	A	-0.39%
VTRS	A	-0.39%
EXC	C	-0.38%
CAG	F	-0.38%
KHC	F	-0.38%
FLO	D	-0.37%
POR	C	-0.36%
PNC	B	-0.36%
MSM	C	-0.36%
DRI	B	-0.36%
FE	C	-0.35%
IBM	C	-0.34%
IPG	D	-0.34%
EIX	B	-0.34%
DUK	C	-0.34%
SJM	D	-0.33%
FAF	A	-0.33%
SON	F	-0.32%
NFG	A	-0.32%
KMB	C	-0.31%
MDT	D	-0.31%
GIS	D	-0.3%
NMM	D	-0.05%