JHPI vs. PFLD ETF Comparison

Comparison of John Hancock Preferred Income ETF (JHPI) to AAM Low Duration Preferred and Income Securities ETF (PFLD)

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

$22.43

Average Daily Volume

7,291

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PFLD

AAM Low Duration Preferred and Income Securities ETF

PFLD Description

The investment seeks to track the total return performance, before fees and expenses, of the ICE 0-5 Year Duration Exchange-Listed Preferred & Hybrid Securities Index. The index measures the performance of exchange-listed, U.S. dollar-denominated preferred securities and hybrid securities listed on the New York Stock Exchange (NYSE) or NASDAQ Capital Market (NASDAQ) with an option-adjusted duration of less than 5 years. Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index.

Grade (RS Rating)

Last Trade

$21.13

Average Daily Volume

104,227

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JHPI	PFLD
30 Days	2.91%	2.52%
60 Days	1.38%	1.05%
90 Days	3.05%	2.06%
12 Months	15.89%	11.37%

9 Overlapping Holdings

Symbol	Grade	Weight in JHPI	Weight in PFLD	Overlap
AQNB	A	1.52%	0.62%	0.62%
CMSC	B	0.21%	0.48%	0.21%
CMSD	C	1.24%	1.1%	1.1%
ESGRP	B	0.45%	0.73%	0.45%
NRUC	D	0.21%	0.44%	0.21%
NSS	B	0.75%	0.72%	0.72%
QRTEP	C	0.58%	1.13%	0.58%
SREA	D	1.33%	1.32%	1.32%
UNMA	B	0.62%	0.53%	0.53%

JHPI Overweight 6 Positions Relative to PFLD

Symbol	Grade	Weight
AQNU	C	1.14%
DTW	D	0.88%
CMSA	D	0.79%
VZ	C	0.53%
AFGC	D	0.52%
UZE	B	0.41%

JHPI Underweight 24 Positions Relative to PFLD

Symbol	Grade	Weight
TBC	D	-1.42%
RZC	C	-1.3%
PRS	D	-0.97%
AGNC	A	-0.97%
CHSCL	B	-0.95%
CHSCM	B	-0.88%
FITBI	A	-0.81%
CHSCN	B	-0.78%
RZB	B	-0.71%
AGNCN	A	-0.59%
WTFCP	A	-0.51%
DDT	A	-0.37%
SLMBP	B	-0.34%
TVE	B	-0.32%
NYMTM	A	-0.3%
RILYN	C	-0.26%
ZIONO	B	-0.25%
WTFCM	B	-0.22%
NYMTN	D	-0.22%
NYMTL	B	-0.2%
BPOPM	B	-0.18%
VLYPP	B	-0.18%
VLYPO	A	-0.17%
CSSEP	D	-0.03%