JHPI vs. PFFA ETF Comparison

Comparison of John Hancock Preferred Income ETF (JHPI) to Virtus InfraCap U.S. Preferred Stock ETF (PFFA)

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

$22.10

Average Daily Volume

7,630

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PFFA

Virtus InfraCap U.S. Preferred Stock ETF

PFFA Description

The investment seeks current income and, secondarily, capital appreciation. Under normal market conditions, the fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in U.S. preferred stock, and in derivatives and other instruments that have economic characteristics similar to such investments. The Sub-Adviser actively manages the fund's assets pursuant to a variety of quantitative, qualitative and relative valuation factors. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$20.80

Average Daily Volume

261,887

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JHPI	PFFA
30 Days	-0.51%	0.20%
60 Days	0.68%	0.86%
90 Days	1.50%	1.97%
12 Months	13.13%	25.14%

3 Overlapping Holdings

Symbol	Grade	Weight in JHPI	Weight in PFFA	Overlap
AQNU	B	1.09%	1.35%	1.09%
ESGRP	C	0.45%	0.11%	0.11%
UZE	C	0.38%	1.26%	0.38%

JHPI Overweight 12 Positions Relative to PFFA

Symbol	Grade	Weight
AQNB	A	1.53%
SREA	C	1.35%
CMSD	C	1.25%
DTW	D	0.9%
CMSA	D	0.8%
NSS	A	0.76%
UNMA	A	0.61%
QRTEP	B	0.56%
VZ	D	0.52%
AFGC	D	0.52%
NRUC	A	0.22%
CMSC	C	0.21%

JHPI Underweight 19 Positions Relative to PFFA

Symbol	Grade	Weight
SLMBP	A	-3.22%
NYMTN	D	-2.61%
UGIC	B	-1.76%
NYMTM	A	-1.63%
VLYPP	A	-1.27%
HTIBP	F	-0.56%
AES	A	-0.52%
OZKAP	B	-0.29%
VLYPO	A	-0.26%
LBRDP	C	-0.16%
OXLCO	A	-0.16%
RILYL	A	-0.14%
NYMTL	B	-0.12%
XOMAP	A	-0.08%
CTDD	D	-0.07%
ATLCP	C	-0.07%
GOODO	C	-0.04%
WTFCP	A	-0.03%
DCOMP	A	-0.02%