HIPS vs. BIZD ETF Comparison
Comparison of Master Income ETF (HIPS) to Market Vectors BDC Income ETF (BIZD)
HIPS
Master Income ETF
HIPS Description
The Master Income ETF seeks to track the total return performance, before fees and expenses, of the TFMS HIPS 300 Index. The Index is constructed to capture 300 high income securities, typically with pass-through structures, across the following sectors: (i) closed-end funds (“CEFs”), (ii) mortgage real estate investment trusts (“REITs”), (iii) commercial equity REITs, (iv) residential/diversified REITs, (v) asset management and business development companies (“BDCs”), and (vi) energy production and energy transportation & processing companies. Energy-related companies included in the Index are expected to primarily be structured as master limited partnerships (“MLPs”). CEFs included in the Index are limited to taxable, debt-based funds and may include CEFs that invest primarily in bank loans, high-yield securities (also known as “junk bonds”), foreign securities (including those in emerging markets), and mortgage- or asset-backed securities. The Index is constituted using proprietary methodology developed by Trust and Fiduciary Management Services, Inc. The Index Provider determines the relative weightings of the securities in the Index and publishes information regarding the market value of the Index.
Grade (RS Rating)
Last Trade
$12.58
Average Daily Volume
26,397
37
BIZD
Market Vectors BDC Income ETF
BIZD Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® US Business Development Companies Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The BDC Index is comprised of BDCs. BDCs are vehicles whose principal business is to invest in, lend capital to or provide services to privately-held companies or thinly traded U.S. public companies.Grade (RS Rating)
Last Trade
$16.65
Average Daily Volume
614,980
22
Performance
| Period | HIPS | BIZD |
|---|---|---|
| 30 Days | -1.36% | 1.26% |
| 60 Days | 2.04% | 5.32% |
| 90 Days | 3.55% | 5.12% |
| 12 Months | 18.02% | 25.34% |
HIPS Overweight 29 Positions Relative to BIZD
| Symbol | Grade | Weight | |
|---|---|---|---|
| WES | A | 3.05% | |
| PAA | B | 2.98% | |
| NS | C | 2.91% | |
| ET | A | 2.82% | |
| MPLX | A | 2.73% | |
| EPD | B | 2.69% | |
| DMLP | A | 2.61% | |
| EFT | A | 2.6% | |
| BGX | A | 2.6% | |
| JFR | A | 2.58% | |
| PK | C | 2.57% | |
| USAC | D | 2.56% | |
| JQC | A | 2.54% | |
| FCT | A | 2.53% | |
| OHI | B | 2.41% | |
| BSM | B | 2.4% | |
| LTC | A | 2.39% | |
| DSU | B | 2.38% | |
| BLW | C | 2.38% | |
| CQP | D | 2.35% | |
| ALX | C | 2.34% | |
| FSD | B | 2.34% | |
| SBRA | B | 2.31% | |
| NBB | C | 2.26% | |
| GTY | B | 2.26% | |
| NNN | B | 2.26% | |
| GLPI | F | 2.12% | |
| EPR | D | 2.03% | |
| GNL | D | 1.65% |
HIPS: Top Represented Industries & Keywords
BIZD: Top Represented Industries & Keywords
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