MDIV vs. FDRR ETF Comparison

Comparison of Multi-Asset Diversified Income Index Fund (MDIV) to Fidelity Dividend ETF for Rising Rates (FDRR)

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

$16.80

Average Daily Volume

87,025

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

FDRR

Fidelity Dividend ETF for Rising Rates

FDRR Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Dividend Index for Rising Rates. Normally investing at least 80% of assets in securities included in the Fidelity Dividend Index for Rising Rates and in depository receipts representing securities included in the index. The Fidelity Dividend Index for Rising Rates is designed to reflect the performance of stocks of large and mid-capitalization dividend-paying companies that are expected to continue to pay and grow their dividends and have a positive correlation of returns to increasing 10-year U.S. Treasury yields.

Grade (RS Rating)

Last Trade

$53.45

Average Daily Volume

18,682

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	MDIV	FDRR
30 Days	2.41%	2.68%
60 Days	2.09%	3.98%
90 Days	3.78%	5.49%
12 Months	18.60%	31.13%

17 Overlapping Holdings

Symbol	Grade	Weight in MDIV	Weight in FDRR	Overlap
AEP	D	0.31%	0.27%	0.27%
BMY	B	0.55%	1.01%	0.55%
CVX	B	0.41%	0.71%	0.41%
DUK	C	0.34%	0.33%	0.33%
DVN	F	0.36%	0.21%	0.21%
EIX	A	0.34%	0.24%	0.24%
EXC	D	0.38%	0.24%	0.24%
GLPI	B	0.79%	0.21%	0.21%
IBM	C	0.34%	1.34%	0.34%
IPG	C	0.34%	0.4%	0.34%
LYB	F	0.41%	0.15%	0.15%
PNC	A	0.36%	0.97%	0.36%
PSA	C	0.56%	0.3%	0.3%
SPG	C	0.77%	0.34%	0.34%
T	A	0.6%	0.88%	0.6%
VICI	C	0.71%	0.24%	0.24%
VZ	B	0.6%	0.78%	0.6%

MDIV Overweight 86 Positions Relative to FDRR

Symbol	Grade	Weight
HYLS	A	20.0%
IEP	F	1.51%
PMT	D	1.47%
ARLP	B	1.41%
DMLP	B	1.3%
BSM	B	1.28%
KRP	C	1.27%
DKL	D	1.2%
CAPL	D	1.17%
USAC	C	1.16%
AGNCN	A	1.09%
APLE	B	1.05%
LADR	B	1.03%
EPR	D	0.99%
GLP	A	0.96%
MPLX	B	0.95%
LTC	B	0.94%
CQP	B	0.92%
ET	B	0.91%
NRP	B	0.89%
WES	B	0.86%
GTY	A	0.84%
HST	C	0.83%
EPD	B	0.82%
FITBI	A	0.79%
CHSCO	B	0.78%
CHSCL	C	0.76%
SUN	C	0.74%
AAT	B	0.72%
CHSCN	D	0.72%
RZC	C	0.72%
PAA	B	0.71%
IIPR	D	0.71%
FCPT	C	0.71%
CHSCM	D	0.69%
PAGP	B	0.67%
NHI	D	0.65%
WU	D	0.64%
NNN	D	0.64%
BRX	A	0.63%
ALEX	B	0.62%
LAMR	C	0.61%
CTRE	D	0.6%
CDP	C	0.58%
REG	B	0.57%
MAA	B	0.57%
CUBE	D	0.56%
CHRD	F	0.54%
ENLC	B	0.51%
OKE	C	0.51%
FANG	F	0.47%
TROW	A	0.46%
DTM	B	0.45%
NWE	A	0.45%
GILD	B	0.44%
EVRG	A	0.44%
GEL	F	0.44%
ETR	B	0.44%
BKH	B	0.43%
AVA	B	0.43%
HMN	B	0.42%
PINC	B	0.42%
SR	A	0.42%
PRU	A	0.4%
PNM	F	0.39%
XEL	A	0.39%
VTRS	B	0.39%
CAG	D	0.38%
OGS	A	0.38%
KHC	D	0.38%
ES	D	0.37%
FLO	C	0.37%
WEC	A	0.37%
POR	C	0.36%
MSM	C	0.36%
DRI	B	0.36%
FE	D	0.35%
NJR	A	0.34%
SJM	D	0.33%
FAF	B	0.33%
SON	D	0.32%
NFG	B	0.32%
KMB	C	0.31%
MDT	D	0.31%
GIS	D	0.3%
NMM	D	0.05%

MDIV Underweight 84 Positions Relative to FDRR

Symbol	Grade	Weight
NVDA	C	-8.35%
AAPL	B	-7.22%
MSFT	D	-6.6%
AVGO	D	-2.56%
JPM	B	-2.11%
LLY	F	-1.82%
UNH	B	-1.79%
V	A	-1.56%
TXN	D	-1.5%
DELL	C	-1.47%
CSCO	A	-1.44%
BAC	A	-1.39%
HD	A	-1.37%
WFC	A	-1.37%
JNJ	D	-1.35%
GS	B	-1.23%
ABBV	D	-1.22%
HPQ	B	-1.21%
MS	B	-1.2%
PG	A	-1.13%
BX	B	-1.09%
XOM	C	-1.09%
MRK	F	-0.97%
GE	D	-0.96%
LOW	C	-0.95%
C	A	-0.95%
CAT	B	-0.94%
GM	B	-0.92%
RTX	D	-0.92%
MCD	D	-0.91%
TJX	A	-0.91%
PM	B	-0.89%
PFE	D	-0.88%
USB	A	-0.86%
TFC	B	-0.85%
HON	B	-0.82%
KO	D	-0.81%
CME	A	-0.79%
SBUX	B	-0.79%
LMT	D	-0.79%
MAR	A	-0.75%
CMCSA	C	-0.74%
PEP	F	-0.74%
UNP	C	-0.7%
MO	A	-0.68%
DE	B	-0.68%
TKO	B	-0.68%
BBY	D	-0.67%
FOXA	C	-0.67%
CVS	D	-0.65%
PCAR	B	-0.62%
UPS	C	-0.62%
EA	C	-0.61%
F	C	-0.58%
NKE	F	-0.56%
NWSA	B	-0.55%
LIN	D	-0.54%
OMC	C	-0.53%
NYT	C	-0.5%
TRGP	B	-0.49%
NEE	D	-0.48%
GEV	C	-0.44%
COP	D	-0.43%
WMG	C	-0.42%
NXST	C	-0.42%
EOG	C	-0.36%
SO	D	-0.36%
PLD	D	-0.35%
PARA	C	-0.34%
APD	A	-0.29%
D	C	-0.27%
CCI	D	-0.25%
FCX	F	-0.25%
OHI	D	-0.25%
NEM	F	-0.24%
IP	B	-0.24%
WY	D	-0.2%
WPC	D	-0.18%
IFF	D	-0.17%
DOW	F	-0.16%
AMCR	D	-0.16%
WBA	D	-0.15%
CIVI	D	-0.15%
MOS	F	-0.12%