DIVY vs. MLPA ETF Comparison
Comparison of Sound Equity Income ETF (DIVY) to Global X MLP ETF (MLPA)
DIVY
Sound Equity Income ETF
DIVY Description
The investment seeks to produce long-term capital appreciation. The fund's principal investment strategy is designed to provide exposure to the aggregate value of ordinary dividends expected to be paid on a portfolio of large capitalization equity securities listed for trading in the U.S. (Large Cap Securities). The fund may use a variety of investment strategies to achieve this objective. Under normal circumstances, it generally invests in a combination of dividend swaps, dividend futures and forwards on indexes of Large Cap Securities (Large Cap Securities Indexes). The fund is non-diversified.
Grade (RS Rating)
Last Trade
$27.09
Average Daily Volume
4,316
8
MLPA
Global X MLP ETF
MLPA Description
The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP Composite Index ("underlying index"). The fund invests at least 80% of its net assets in the securities of the underlying index. Moreover, at least 80% of the fund's net assets will be invested in securities that have economic characteristics of the Master Limited Partnership ("MLP") asset class. The underlying index is intended to give investors a means of tracking the overall performance of the United States master limited partnerships (MLP) asset class. The fund is non-diversified.Grade (RS Rating)
Last Trade
$50.89
Average Daily Volume
100,239
18
Performance
Period | DIVY | MLPA |
---|---|---|
30 Days | 1.25% | 8.42% |
60 Days | 1.03% | 7.25% |
90 Days | 2.15% | 9.10% |
12 Months | 13.38% | 21.48% |
0 Overlapping Holdings
Symbol | Grade | Weight in DIVY | Weight in MLPA | Overlap |
---|
DIVY Underweight 18 Positions Relative to MLPA
DIVY: Top Represented Industries & Keywords
MLPA: Top Represented Industries & Keywords