FRI vs. MDIV ETF Comparison

Comparison of First Trust S&P REIT Index Fund (FRI) to Multi-Asset Diversified Income Index Fund (MDIV)

FRI

First Trust S&P REIT Index Fund

FRI Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the S&P United States REIT Index. The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a subset of the S&P Developed REIT Index, which measures the performance of more than 200 REITs or REIT-like structures in 15 developed markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$29.53

Average Daily Volume

81,591

Number of Holdings ^*

128

* 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

$16.76

Average Daily Volume

86,599

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

Performance

Period	FRI	MDIV
30 Days	0.21%	1.28%
60 Days	-0.40%	0.73%
90 Days	2.32%	2.82%
12 Months	26.65%	17.80%

22 Overlapping Holdings

Symbol	Grade	Weight in FRI	Weight in MDIV	Overlap
AAT	B	0.11%	0.72%	0.11%
ALEX	B	0.12%	0.62%	0.12%
APLE	B	0.29%	1.05%	0.29%
BRX	A	0.73%	0.63%	0.63%
CDP	C	0.28%	0.58%	0.28%
CTRE	C	0.42%	0.6%	0.42%
CUBE	C	0.91%	0.56%	0.56%
EPR	C	0.28%	0.99%	0.28%
FCPT	C	0.22%	0.71%	0.22%
GLPI	C	1.12%	0.79%	0.79%
GTY	A	0.13%	0.84%	0.13%
HST	C	1.03%	0.83%	0.83%
IIPR	D	0.25%	0.71%	0.25%
LAMR	C	0.94%	0.61%	0.61%
LTC	B	0.14%	0.94%	0.14%
MAA	B	1.55%	0.57%	0.57%
NHI	D	0.28%	0.65%	0.28%
NNN	C	0.65%	0.64%	0.64%
PSA	C	4.39%	0.56%	0.56%
REG	A	1.01%	0.57%	0.57%
SPG	A	4.6%	0.77%	0.77%
VICI	C	2.76%	0.71%	0.71%

FRI Overweight 106 Positions Relative to MDIV

Symbol	Grade	Weight
PLD	F	8.93%
EQIX	A	7.17%
WELL	A	6.54%
DLR	B	4.61%
O	C	4.11%
EXR	C	2.91%
IRM	C	2.79%
AVB	B	2.72%
VTR	B	2.21%
EQR	C	2.1%
ESS	B	1.63%
INVH	D	1.61%
ARE	F	1.42%
KIM	A	1.4%
DOC	C	1.26%
SUI	C	1.22%
UDR	B	1.12%
ELS	C	1.12%
CPT	B	1.08%
WPC	C	1.01%
AMH	C	0.99%
BXP	C	0.97%
OHI	C	0.86%
REXR	F	0.77%
FRT	B	0.72%
EGP	D	0.7%
ADC	A	0.64%
VNO	C	0.58%
FR	D	0.58%
RHP	B	0.57%
STAG	D	0.55%
KRG	B	0.5%
TRNO	F	0.5%
COLD	D	0.48%
EPRT	B	0.48%
SLG	B	0.41%
PECO	A	0.4%
CUZ	B	0.39%
IRT	A	0.39%
SBRA	C	0.36%
MAC	B	0.35%
KRC	B	0.35%
SKT	A	0.33%
HIW	C	0.28%
BNL	D	0.27%
PK	C	0.26%
DEI	B	0.26%
NSA	C	0.25%
LXP	D	0.23%
UE	B	0.23%
MPW	F	0.22%
OUT	A	0.22%
AKR	B	0.22%
ROIC	A	0.19%
IVT	A	0.19%
EQC	B	0.18%
SHO	D	0.17%
DRH	B	0.16%
XHR	B	0.13%
ESRT	C	0.12%
GNL	F	0.12%
ELME	D	0.12%
VRE	B	0.12%
PEB	D	0.12%
RLJ	C	0.12%
JBGS	F	0.11%
UNIT	B	0.11%
UMH	B	0.11%
PDM	D	0.1%
NTST	C	0.1%
DEA	D	0.1%
AIV	C	0.09%
CSR	B	0.09%
BDN	C	0.08%
PGRE	F	0.08%
NXRT	B	0.08%
INN	D	0.06%
GOOD	B	0.06%
PLYM	F	0.06%
AHH	D	0.06%
HPP	F	0.05%
WSR	A	0.05%
OLP	B	0.04%
CLDT	B	0.04%
ALX	D	0.04%
SVC	F	0.04%
CHCT	C	0.04%
PKST	F	0.04%
BFS	C	0.04%
FPI	B	0.04%
UHT	D	0.04%
GMRE	F	0.04%
DHC	F	0.04%
PSTL	D	0.03%
CBL	B	0.03%
CTO	B	0.03%
LAND	F	0.03%
CIO	C	0.02%
NXDT	F	0.02%
PINE	C	0.02%
BHR	C	0.02%
BRT	A	0.02%
ILPT	F	0.02%
OPI	F	0.01%
MDV	D	0.01%
FSP	B	0.01%

FRI Underweight 81 Positions Relative to MDIV

Symbol	Grade	Weight
HYLS	B	-20.0%
IEP	F	-1.51%
PMT	C	-1.47%
ARLP	A	-1.41%
DMLP	A	-1.3%
BSM	B	-1.28%
KRP	B	-1.27%
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%
CQP	B	-0.92%
ET	A	-0.91%
NRP	B	-0.89%
WES	C	-0.86%
EPD	A	-0.82%
FITBI	B	-0.79%
CHSCO	B	-0.78%
CHSCL	B	-0.76%
SUN	B	-0.74%
CHSCN	D	-0.72%
RZC	C	-0.72%
PAA	B	-0.71%
CHSCM	D	-0.69%
PAGP	A	-0.67%
WU	F	-0.64%
VZ	C	-0.6%
T	A	-0.6%
BMY	B	-0.55%
CHRD	D	-0.54%
ENLC	A	-0.51%
OKE	A	-0.51%
FANG	C	-0.47%
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%
AVA	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%
PNM	B	-0.39%
XEL	A	-0.39%
VTRS	A	-0.39%
EXC	C	-0.38%
CAG	F	-0.38%
OGS	A	-0.38%
KHC	F	-0.38%
ES	C	-0.37%
FLO	D	-0.37%
WEC	A	-0.37%
DVN	F	-0.36%
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%
NJR	A	-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%
AEP	C	-0.31%
GIS	D	-0.3%
NMM	D	-0.05%