IYLD vs. HDAW ETF Comparison

Comparison of iShares Morningstar Multi-Asset Income ETF (IYLD) to Deutsche X-trackers MSCI All World ex US High Dividend Yield Hedged Equity ETF (HDAW)

IYLD

iShares Morningstar Multi-Asset Income ETF

IYLD Description

The investment seeks to track the investment results of the Morningstar® Multi-Asset High Income IndexSM. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The index is broadly diversified and seeks to deliver high current income while maintaining long-term capital appreciation. The fund is a fund-of-funds and invests primarily in the securities of the underlying funds that themselves seek investment results corresponding to their own underlying indexes.

Grade (RS Rating)

Last Trade

$19.85

Average Daily Volume

20,301

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HDAW

Deutsche X-trackers MSCI All World ex US High Dividend Yield Hedged Equity ETF

HDAW Description

The investment seeks investment results that correspond generally to the performance of the MSCI ACWI ex US High Dividend Yield US Dollar Hedged Index. The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to reflect the performance of equities (excluding REITs) in its parent index, the MSCI ACWI ex US Index, with higher dividend income and quality characteristics than average dividend yields of equities in the parent index, where such higher dividend income and quality characteristics are both sustainable and persistent. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.30

Average Daily Volume

935

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IYLD	HDAW
30 Days	0.42%	0.63%
60 Days	0.60%	3.16%
90 Days	2.31%	6.98%
12 Months	9.94%	11.19%

0 Overlapping Holdings

	Symbol	Grade	Weight in IYLD	Weight in HDAW	Overlap

IYLD Overweight 9 Positions Relative to HDAW

Symbol	Grade	Weight
HYG	A	19.9%
FLOT	A	15.08%
IGSB	A	14.98%
PFF	C	14.63%
IDV	A	10.16%
DVYE	A	10.13%
REM	B	5.13%
SHY	A	4.99%
LEMB	C	4.96%

IYLD Underweight 13 Positions Relative to HDAW

Symbol	Grade	Weight
NVS	B	-4.61%
UL	A	-2.97%
STLA	D	-1.27%
VALE	C	-0.98%
HDEF	A	-0.82%
UMC	D	-0.4%
ABEV	D	-0.26%
SCCO	B	-0.23%
DEM	A	-0.19%
AGCO	D	-0.16%
GGB	D	-0.12%
QFIN	A	-0.05%
KT	D	-0.04%

IYLD: Top Represented Industries & Keywords

Industries: