MDIV vs. BTAL ETF Comparison

Comparison of Multi-Asset Diversified Income Index Fund (MDIV) to QuantShares U.S. Market Neutral Anti Beta Fund ETF (BTAL)

MDIV

Multi-Asset Diversified Income Index Fund

MDIV Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the NASDAQ Multi-Asset Diversified Income Index. The index is designed to provide access to a diversified portfolio of small, mid and large capitalization income producing securities, which are composed of domestic and international dividend-paying stocks, REITs, oil and gas or basic materials MLPs, U.S.-listed preferred securities and an index-based ETF that invests in high yield or "junk" bonds.

Grade (RS Rating)

Last Trade

$16.42

Average Daily Volume

78,832

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

BTAL

QuantShares U.S. Market Neutral Anti Beta Fund ETF

BTAL Description

The investment seeks performance results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Thematic Market Neutral Anti-Beta Index. The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in common stock, including the short positions, in the Target Anti-Beta Index. The Target Anti-Beta Index is a market neutral index that is dollar-neutral. As such, it identifies long and short securities positions of approximately equal dollar amounts. In choosing to track a market neutral index, the fund seeks to limit the effects of general market movements on the fund.

Grade (RS Rating)

Last Trade

$19.86

Average Daily Volume

602,665

Number of Holdings ^*

391

* may have additional holdings in another (foreign) market

Performance

Period	MDIV	BTAL
30 Days	-0.65%	-0.10%
60 Days	0.97%	-2.97%
90 Days	2.70%	-1.61%
12 Months	22.49%	-7.16%

24 Overlapping Holdings

Symbol	Grade	Weight in MDIV	Weight in BTAL	Overlap
BMY	B	0.49%	0.47%	0.47%
CDP	A	0.61%	0.47%	0.47%
DRI	B	0.35%	0.45%	0.35%
DUK	C	0.37%	0.45%	0.37%
DVN	F	0.36%	0.37%	0.36%
FANG	F	0.46%	0.39%	0.39%
FLO	F	0.37%	0.42%	0.37%
GILD	A	0.42%	0.49%	0.42%
GIS	D	0.31%	0.41%	0.31%
GLPI	C	0.82%	0.42%	0.42%
IBM	C	0.35%	0.47%	0.35%
KHC	D	0.42%	0.42%	0.42%
LAMR	B	0.65%	-0.48%	-0.48%
MSM	D	0.33%	0.4%	0.33%
NWE	D	0.45%	-0.44%	-0.44%
PNM	B	0.37%	0.46%	0.37%
REG	A	0.55%	0.43%	0.43%
T	A	0.6%	0.48%	0.48%
TROW	B	0.42%	-0.44%	-0.44%
VICI	D	0.74%	0.42%	0.42%
VTRS	B	0.35%	0.42%	0.35%
VZ	D	0.61%	0.43%	0.43%
WEC	B	0.38%	0.45%	0.38%
XEL	C	0.36%	0.46%	0.36%

MDIV Overweight 79 Positions Relative to BTAL

Symbol	Grade	Weight
HYLS	A	19.74%
IEP	D	1.82%
PMT	B	1.54%
ARLP	A	1.32%
DMLP	B	1.3%
CAPL	B	1.25%
BSM	D	1.25%
KRP	B	1.24%
DKL	F	1.2%
USAC	D	1.1%
AGNCN	A	1.08%
EPR	C	1.05%
LADR	C	1.0%
APLE	B	1.0%
IIPR	B	0.91%
GLP	B	0.91%
MPLX	A	0.89%
LTC	A	0.88%
ET	A	0.87%
GTY	B	0.87%
WES	D	0.87%
CQP	C	0.85%
HST	C	0.83%
NRP	B	0.78%
FITBI	A	0.78%
CHSCO	A	0.77%
EPD	C	0.77%
CHSCL	A	0.75%
SPG	B	0.74%
SUN	F	0.74%
NNN	D	0.73%
FCPT	C	0.73%
RZC	A	0.72%
AAT	A	0.72%
CHSCN	A	0.71%
PAA	F	0.7%
CHSCM	C	0.69%
WU	F	0.67%
PAGP	F	0.66%
NHI	C	0.63%
CTRE	A	0.62%
BRX	B	0.61%
ALEX	C	0.59%
CUBE	D	0.57%
PSA	D	0.56%
MAA	D	0.56%
CHRD	F	0.52%
GEL	D	0.5%
ENLC	A	0.48%
OKE	B	0.46%
AVA	D	0.44%
EVRG	C	0.43%
LYB	F	0.43%
ETR	B	0.41%
BKH	C	0.41%
SR	D	0.41%
EXC	B	0.4%
CAG	F	0.4%
DTM	A	0.39%
ES	D	0.39%
PRU	A	0.39%
CVX	C	0.38%
HMN	A	0.38%
POR	C	0.38%
FE	D	0.37%
OGS	B	0.37%
PINC	B	0.36%
EIX	D	0.35%
SJM	F	0.34%
IPG	F	0.34%
FAF	B	0.33%
PNC	A	0.33%
MDT	B	0.33%
AEP	D	0.33%
NFG	B	0.33%
SON	F	0.33%
NJR	C	0.33%
KMB	D	0.32%
NMM	D	0.06%

MDIV Underweight 367 Positions Relative to BTAL

Symbol	Grade	Weight
MSTR	B	-0.72%
CACI	A	-0.51%
BWXT	A	-0.51%
WH	A	-0.5%
SFM	A	-0.5%
TRV	B	-0.5%
KMI	A	-0.5%
SNA	A	-0.5%
IBKR	A	-0.5%
MDU	B	-0.49%
WEN	A	-0.49%
ORLY	B	-0.49%
UNM	A	-0.49%
HQY	B	-0.49%
CHH	A	-0.48%
TMUS	B	-0.48%
LPLA	B	-0.48%
TDY	A	-0.48%
SBRA	A	-0.48%
MKL	C	-0.48%
TGNA	A	-0.48%
ALSN	A	-0.47%
GLW	B	-0.47%
CSCO	B	-0.47%
CME	A	-0.47%
SAIC	A	-0.47%
PCAR	C	-0.47%
WELL	A	-0.47%
RNR	B	-0.47%
MSI	B	-0.47%
CCK	A	-0.46%
CW	B	-0.46%
KR	B	-0.46%
LULU	C	-0.46%
FFIV	B	-0.46%
ED	C	-0.46%
PCTY	A	-0.46%
TXRH	A	-0.46%
THG	A	-0.46%
RYAN	B	-0.46%
PAYX	A	-0.46%
AEE	B	-0.46%
PKG	A	-0.46%
ACN	C	-0.45%
EDR	A	-0.45%
RTX	C	-0.45%
AXS	B	-0.45%
DOX	B	-0.45%
SIGI	D	-0.45%
CMG	D	-0.45%
CB	C	-0.45%
DBX	B	-0.45%
ALL	B	-0.45%
OHI	A	-0.45%
FTNT	B	-0.45%
ZI	C	-0.45%
ARMK	B	-0.45%
CMS	B	-0.45%
HIG	C	-0.45%
LNT	C	-0.45%
RLI	B	-0.45%
ADC	B	-0.44%
AON	B	-0.44%
CINF	A	-0.44%
LNG	C	-0.44%
PAYC	B	-0.44%
DD	C	-0.44%
BILL	C	-0.44%
CBOE	B	-0.44%
PNW	D	-0.44%
HEI	D	-0.44%
CFLT	C	-0.44%
BRO	A	-0.44%
NEU	D	-0.44%
EQR	C	-0.44%
ROP	D	-0.44%
BKR	A	-0.44%
ADP	A	-0.44%
CLH	C	-0.44%
X	C	-0.44%
AVB	A	-0.44%
MKC	D	-0.43%
SLGN	A	-0.43%
CHE	F	-0.43%
WM	B	-0.43%
HON	C	-0.43%
XOM	C	-0.43%
NOC	D	-0.43%
MTCH	C	-0.43%
JNPR	B	-0.43%
NWL	B	-0.43%
PGR	D	-0.43%
UTHR	B	-0.43%
DLB	C	-0.43%
CHD	F	-0.43%
WRB	C	-0.43%
AKAM	C	-0.43%
L	B	-0.43%
GD	B	-0.43%
MCD	C	-0.43%
COR	D	-0.43%
O	C	-0.43%
CF	C	-0.43%
MSFT	B	-0.43%
RGA	C	-0.43%
FOXA	A	-0.43%
JNJ	D	-0.43%
VRSN	F	-0.43%
EG	D	-0.43%
DGX	A	-0.43%
HPQ	B	-0.43%
CHRW	A	-0.43%
AIZ	A	-0.42%
KBR	B	-0.42%
WPC	F	-0.42%
AMGN	D	-0.42%
CSX	D	-0.42%
SNX	C	-0.42%
AVT	A	-0.42%
ERIE	D	-0.42%
YUM	F	-0.42%
ELS	C	-0.42%
ASGN	C	-0.42%
AMCR	D	-0.42%
BWA	C	-0.42%
ARW	A	-0.42%
PFE	D	-0.42%
ORI	C	-0.42%
ABBV	A	-0.41%
OLLI	D	-0.41%
TJX	D	-0.41%
MMC	D	-0.41%
RSG	D	-0.41%
MCK	F	-0.41%
CTSH	D	-0.41%
WTW	A	-0.41%
ACGL	D	-0.41%
G	D	-0.41%
MOH	D	-0.4%
JAZZ	B	-0.4%
NEM	D	-0.4%
VFC	C	-0.4%
HRB	C	-0.4%
KO	D	-0.4%
COLM	F	-0.4%
UNH	D	-0.4%
FMC	A	-0.4%
CXT	F	-0.4%
CPB	D	-0.4%
LMT	D	-0.4%
FOXF	F	-0.4%
SRPT	D	-0.4%
J	F	-0.4%
BG	F	-0.39%
CI	F	-0.39%
FCN	F	-0.39%
TXT	F	-0.39%
MSA	F	-0.39%
ST	F	-0.39%
MOS	C	-0.39%
PAG	F	-0.39%
ON	C	-0.39%
WTM	B	-0.38%
OXY	F	-0.38%
TNET	F	-0.38%
MUSA	D	-0.38%
MAN	F	-0.37%
DECK	B	-0.37%
MUR	F	-0.36%
ELV	F	-0.34%
BMRN	F	-0.33%
CNC	F	-0.33%
GPC	F	-0.33%
HUM	F	-0.32%
AZO	C	-0.32%
AGL	F	-0.27%
SEDG	F	--0.26%
CNXC	F	--0.28%
BRZE	F	--0.29%
RUN	F	--0.29%
MRNA	F	--0.29%
ENPH	F	--0.29%
NTLA	F	--0.3%
TXG	F	--0.3%
RIVN	F	--0.31%
ELF	F	--0.31%
OPEN	F	--0.32%
COTY	F	--0.34%
GH	D	--0.34%
ELAN	D	--0.35%
TER	F	--0.35%
ALLY	D	--0.35%
CELH	F	--0.35%
MKSI	D	--0.36%
ARWR	F	--0.36%
RIG	F	--0.36%
RKT	D	--0.36%
DKS	D	--0.37%
KMX	D	--0.37%
MPWR	C	--0.37%
DINO	F	--0.38%
SMCI	F	--0.38%
MTDR	D	--0.39%
CWEN	C	--0.39%
NVCR	C	--0.39%
CHX	F	--0.39%
CRL	F	--0.39%
CNM	C	--0.39%
LRCX	D	--0.39%
EFX	D	--0.39%
AMKR	F	--0.39%
PLD	F	--0.4%
FND	F	--0.4%
RMBS	C	--0.4%
RGEN	F	--0.4%
ALGN	F	--0.4%
DAR	C	--0.4%
CC	F	--0.41%
IDXX	F	--0.41%
APG	F	--0.41%
CSGP	F	--0.41%
POWI	C	--0.41%
TGT	F	--0.41%
ZS	C	--0.41%
BBWI	F	--0.41%
XPO	A	--0.41%
RBLX	C	--0.41%
NTRA	C	--0.42%
TREX	D	--0.42%
GTLS	C	--0.42%
AES	F	--0.42%
CE	D	--0.42%
KSS	F	--0.42%
PATH	D	--0.42%
AGNC	D	--0.42%
CAR	C	--0.42%
BLD	F	--0.42%
THO	C	--0.42%
SHLS	F	--0.42%
EL	F	--0.42%
WMS	C	--0.42%
AXTA	A	--0.43%
TFX	D	--0.43%
PENN	B	--0.43%
ROIV	C	--0.43%
GME	C	--0.43%
CRSP	C	--0.43%
OC	B	--0.43%
CFG	A	--0.43%
WBA	D	--0.43%
AWK	D	--0.43%
SSD	F	--0.43%
BLDR	F	--0.44%
HHH	C	--0.44%
SHW	D	--0.44%
PEN	B	--0.44%
LNC	B	--0.44%
ARE	F	--0.44%
UGI	C	--0.44%
RMD	B	--0.44%
CARR	C	--0.44%
PINS	C	--0.44%
AMD	D	--0.44%
EW	C	--0.44%
F	D	--0.44%
SEE	B	--0.45%
VEEV	C	--0.45%
AVGO	B	--0.45%
ITT	B	--0.45%
WAL	C	--0.45%
W	F	--0.45%
PNFP	A	--0.45%
USFD	A	--0.45%
AR	D	--0.45%
Z	C	--0.45%
DKNG	F	--0.45%
FCX	C	--0.45%
RF	A	--0.45%
OZK	B	--0.45%
COIN	B	--0.45%
SAIA	B	--0.46%
LPX	C	--0.46%
NRG	B	--0.46%
JHG	A	--0.46%
ZION	A	--0.46%
ILMN	A	--0.46%
TOL	C	--0.46%
ROKU	B	--0.46%
USB	A	--0.46%
RRC	C	--0.46%
DNLI	D	--0.46%
MGM	B	--0.46%
RYN	B	--0.46%
GNRC	B	--0.46%
JLL	A	--0.47%
NET	B	--0.47%
PWR	A	--0.47%
SQ	B	--0.47%
NVDA	B	--0.47%
UBER	B	--0.47%
D	B	--0.47%
WCC	B	--0.47%
SNV	A	--0.47%
MU	C	--0.47%
SNAP	B	--0.47%
DELL	B	--0.47%
ALB	C	--0.47%
DAY	B	--0.48%
ANET	B	--0.48%
FBIN	C	--0.48%
NVT	B	--0.48%
MDB	D	--0.48%
INTC	D	--0.48%
TT	C	--0.48%
TRU	C	--0.48%
PFGC	B	--0.48%
TTD	A	--0.49%
KRC	B	--0.49%
ETN	A	--0.49%
EXPE	A	--0.49%
EQT	B	--0.49%
PYPL	B	--0.49%
CMA	A	--0.49%
LITE	B	--0.49%
URI	B	--0.5%
CBRE	A	--0.5%
NTRS	A	--0.5%
EXP	B	--0.5%
CZR	C	--0.5%
IOT	B	--0.5%
FOUR	B	--0.5%
CRWD	C	--0.5%
SCHW	C	--0.5%
DASH	A	--0.51%
LYFT	C	--0.51%
KKR	B	--0.51%
MRVL	A	--0.51%
BXP	B	--0.51%
TDOC	D	--0.52%
COHR	B	--0.52%
BX	A	--0.52%
SMG	A	--0.53%
LYV	A	--0.53%
RH	C	--0.53%
PODD	B	--0.53%
AA	C	--0.53%
TSLA	B	--0.53%
CCL	A	--0.53%
WOLF	D	--0.53%
TOST	A	--0.53%
AXON	B	--0.54%
FYBR	B	--0.54%
CG	A	--0.54%
VNO	B	--0.55%
HOOD	A	--0.55%
PTON	B	--0.55%
CVNA	A	--0.55%
AFRM	B	--0.56%
DUOL	A	--0.57%
DAL	A	--0.58%
OWL	B	--0.58%
VRT	A	--0.59%
CEG	C	--0.59%
TPG	A	--0.59%
PLTR	A	--0.61%
SOFI	A	--0.61%
VST	C	--0.64%