IPPP vs. JHPI ETF Comparison
Comparison of Preferred-Plus ETF (IPPP) to John Hancock Preferred Income ETF (JHPI)
IPPP
Preferred-Plus ETF
IPPP Description
The investment seeks to provide income. The fund invests at least 80% of its net assets (plus any borrowings made for investment purposes) in a portfolio of preferred securities issued by U.S. and non-U.S. companies. It may invest in preferred securities of all issuer capitalizations. The fund may also invest in publicly-traded partnerships (“PTPs”). The Advisor intends to maintain approximately 10% asset exposure to a credit spread options strategy, although market conditions may dictate additional exposure.
Grade (RS Rating)
Last Trade
$10.27
Average Daily Volume
1,221
12
JHPI
John Hancock Preferred Income ETF
JHPI Description
Under normal market conditions, the fund invests at least 80% of its net assets in preferred stocks and other preferred securities. Preferred stocks and preferred securities include, but are not limited to, convertible preferred securities, corporate hybrid securities, trust preferred securities, cumulative and non-cumulative preferred stock, and depositary shares of preferred stock. The adviser will concentrate its investments in the group of industries that comprise the utilities and the communication sectors.Grade (RS Rating)
Last Trade
$23.05
Average Daily Volume
11,430
14
Performance
| Period | IPPP | JHPI |
|---|---|---|
| 30 Days | -1.91% | -0.73% |
| 60 Days | -2.48% | -0.38% |
| 90 Days | 2.17% | 2.29% |
| 12 Months | 16.23% | 15.88% |
IPPP: Top Represented Industries & Keywords
JHPI: Top Represented Industries & Keywords
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