AMLP vs. MDIV ETF Comparison
Comparison of Alerian MLP ETF (AMLP) to First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV)
AMLP
Alerian MLP ETF
AMLP Description
The investment seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index. The index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the United States energy infrastructure Master Limited Partnership ("MLP") asset class. The fund will normally invest at least 90% of its total assets in securities that comprise the index (or depositary receipts based on such securities). It is non-diversified.
Grade (RS Rating)
Last Trade
$47.52
Average Daily Volume
1,178,188
15
MDIV
First Trust Exchange-Traded Fund VI 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
$15.59
Average Daily Volume
100,671
106
Performance
| Period | AMLP | MDIV |
|---|---|---|
| 30 Days | 0.91% | -0.75% |
| 60 Days | 3.94% | 1.98% |
| 90 Days | 8.41% | 1.91% |
| 12 Months | 29.55% | 13.60% |
13 Overlapping Holdings
| Symbol | Grade | Weight in AMLP | Weight in MDIV | Overlap | |
|---|---|---|---|---|---|
| CQP | C | 4.0% | 1.01% | 1.01% | |
| DKL | D | 0.72% | 1.04% | 0.72% | |
| ENLC | A | 6.98% | 0.61% | 0.61% | |
| EPD | A | 12.77% | 0.78% | 0.78% | |
| ET | A | 12.68% | 0.93% | 0.93% | |
| GEL | A | 2.67% | 0.73% | 0.73% | |
| GLP | B | 2.49% | 0.76% | 0.76% | |
| MPLX | A | 12.45% | 0.9% | 0.9% | |
| NS | C | 5.3% | 0.91% | 0.91% | |
| PAA | A | 13.04% | 0.79% | 0.79% | |
| SUN | C | 6.39% | 0.51% | 0.51% | |
| USAC | D | 2.99% | 0.83% | 0.83% | |
| WES | A | 12.63% | 0.94% | 0.94% |
AMLP Underweight 93 Positions Relative to MDIV
| Symbol | Grade | Weight | |
|---|---|---|---|
| HYLS | B | -19.56% | |
| RC | C | -1.48% | |
| ARLP | A | -1.46% | |
| PMT | B | -1.43% | |
| IEP | F | -1.35% | |
| DMLP | B | -1.24% | |
| NSS | A | -1.18% | |
| BSM | A | -1.18% | |
| KRP | A | -1.16% | |
| LADR | B | -1.08% | |
| AGNCN | A | -1.06% | |
| EPR | D | -0.97% | |
| LTC | A | -0.97% | |
| NHI | A | -0.96% | |
| GBDC | A | -0.96% | |
| CAPL | A | -0.95% | |
| GLPI | F | -0.86% | |
| GTY | B | -0.85% | |
| MO | A | -0.83% | |
| APLE | D | -0.79% | |
| CHSCO | C | -0.78% | |
| PAGP | A | -0.75% | |
| CTRE | A | -0.74% | |
| FCPT | C | -0.74% | |
| CHSCL | D | -0.74% | |
| NNN | C | -0.73% | |
| NRP | A | -0.73% | |
| ESGRP | B | -0.72% | |
| WTFCP | A | -0.71% | |
| SPG | C | -0.68% | |
| CHSCM | C | -0.68% | |
| CHSCN | C | -0.68% | |
| VICI | D | -0.66% | |
| EPRT | A | -0.64% | |
| LAMR | B | -0.64% | |
| CHSCP | D | -0.63% | |
| KIM | D | -0.62% | |
| WU | B | -0.62% | |
| CMSD | D | -0.61% | |
| BRX | C | -0.59% | |
| MAA | C | -0.59% | |
| CUBE | D | -0.57% | |
| REG | D | -0.53% | |
| T | C | -0.51% | |
| PSA | D | -0.51% | |
| VZ | D | -0.51% | |
| OKE | A | -0.5% | |
| UVV | A | -0.49% | |
| NWN | A | -0.46% | |
| PNW | A | -0.46% | |
| NWE | A | -0.46% | |
| CAG | A | -0.44% | |
| SR | A | -0.44% | |
| LYB | B | -0.44% | |
| CTRA | A | -0.43% | |
| EVRG | A | -0.43% | |
| ES | A | -0.43% | |
| BKH | A | -0.42% | |
| ALE | A | -0.41% | |
| PRU | C | -0.41% | |
| EXR | D | -0.41% | |
| VCTR | A | -0.41% | |
| KHC | A | -0.39% | |
| ETR | A | -0.39% | |
| BBY | D | -0.39% | |
| FE | A | -0.38% | |
| DUK | A | -0.38% | |
| BMY | F | -0.38% | |
| NFG | A | -0.38% | |
| UPS | D | -0.38% | |
| OGS | B | -0.38% | |
| EIX | A | -0.38% | |
| SWX | A | -0.38% | |
| TROW | C | -0.37% | |
| FLO | A | -0.37% | |
| K | A | -0.37% | |
| CVX | A | -0.37% | |
| KMB | A | -0.36% | |
| SO | A | -0.36% | |
| EXC | B | -0.36% | |
| AEP | A | -0.36% | |
| NI | A | -0.35% | |
| PEG | A | -0.35% | |
| BEN | D | -0.35% | |
| EMN | B | -0.35% | |
| C | A | -0.35% | |
| WEC | B | -0.34% | |
| NJR | A | -0.34% | |
| MS | A | -0.34% | |
| LNT | A | -0.33% | |
| VTRS | C | -0.31% | |
| GILD | F | -0.3% | |
| NMM | A | -0.11% |
AMLP: Top Represented Industries & Keywords
MDIV: Top Represented Industries & Keywords
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