MDIV vs. ICAP ETF Comparison

Comparison of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) to InfraCap Equity Income Fund ETF (ICAP)

MDIV

First Trust Exchange-Traded Fund VI 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

$15.60

Average Daily Volume

68,566

Number of Holdings ^*

104

* may have additional holdings in another (foreign) market

ICAP

InfraCap Equity Income Fund ETF

ICAP Description

The investment seeks to maximize income and pursue total return opportunities. The fund, under normal conditions, will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of companies that pay dividends during normal market conditions. The fund will invest primarily in securities of U.S. companies, but may invest in foreign securities, including securities of companies located in emerging markets. To obtain high yield and total return, the adviser will favor sectors and industries that it currently views are undervalued on a relative basis.

Grade (RS Rating)

Last Trade

$24.60

Average Daily Volume

12,945

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MDIV	ICAP
30 Days	-1.60%	-3.47%
60 Days	2.45%	6.61%
90 Days	1.36%	3.65%
12 Months	13.47%	11.77%

15 Overlapping Holdings

Symbol	Grade	Weight in MDIV	Weight in ICAP	Overlap
C	D	0.36%	4.68%	0.36%
CVX	D	0.37%	3.22%	0.37%
DUK	B	0.41%	1.68%	0.41%
EIX	B	0.42%	1.66%	0.42%
EPR	D	0.99%	0.08%	0.08%
ET	D	0.96%	2.69%	0.96%
GLPI	C	0.9%	0.58%	0.58%
KHC	D	0.36%	2.13%	0.36%
MO	B	0.94%	3.11%	0.94%
MPLX	B	0.93%	3.22%	0.93%
MS	B	0.37%	4.88%	0.37%
NWN	F	0.45%	0.73%	0.45%
SPG	B	0.75%	1.16%	0.75%
T	B	0.57%	1.7%	0.57%
VZ	C	0.54%	0.55%	0.54%

MDIV Overweight 89 Positions Relative to ICAP

Symbol	Grade	Weight
HYLS	A	20.58%
ARLP	B	1.79%
PMT	C	1.47%
RC	F	1.43%
IEP	F	1.37%
KRP	C	1.28%
BSM	D	1.27%
DMLP	D	1.2%
LADR	B	1.15%
AGNCN	A	1.12%
DKL	C	1.09%
CQP	D	1.08%
WES	B	1.08%
LTC	B	1.06%
NHI	B	1.03%
GBDC	D	0.94%
GTY	D	0.88%
CAPL	D	0.87%
GLP	B	0.85%
CHSCO	A	0.83%
USAC	D	0.83%
CTRE	B	0.82%
GEL	B	0.82%
EPD	C	0.8%
CHSCL	A	0.79%
NNN	B	0.78%
PAA	D	0.78%
FCPT	B	0.78%
NRP	B	0.77%
APLE	D	0.76%
CHSCN	B	0.75%
PAGP	D	0.75%
WTFCP	C	0.74%
CHSCM	B	0.73%
ESGRP	C	0.73%
EPRT	A	0.7%
CHSCP	B	0.69%
LAMR	C	0.69%
VICI	D	0.68%
MAA	B	0.67%
KIM	B	0.64%
CMSD	B	0.63%
BRX	B	0.63%
WU	D	0.62%
ENLC	D	0.62%
CUBE	B	0.61%
PSA	B	0.56%
REG	B	0.56%
OKE	D	0.52%
SUN	D	0.51%
EXR	B	0.49%
NWE	C	0.49%
PNW	B	0.49%
UVV	F	0.47%
BBY	B	0.47%
ALE	B	0.45%
PRU	C	0.45%
SR	D	0.45%
EVRG	C	0.45%
LYB	D	0.44%
ES	D	0.44%
CTRA	D	0.44%
CAG	D	0.43%
BKH	D	0.43%
NFG	C	0.42%
VCTR	C	0.42%
ETR	C	0.41%
SO	B	0.41%
TROW	B	0.4%
SWX	D	0.4%
PEG	B	0.4%
FE	B	0.4%
EMN	B	0.39%
K	C	0.39%
AEP	B	0.39%
OGS	F	0.38%
KMB	A	0.38%
EXC	D	0.37%
UPS	F	0.37%
NI	B	0.37%
NJR	C	0.36%
FLO	D	0.35%
BMY	F	0.34%
LNT	C	0.34%
WEC	D	0.34%
BEN	F	0.33%
VTRS	F	0.3%
GILD	D	0.3%
NMM	B	0.14%

MDIV Underweight 51 Positions Relative to ICAP

Symbol	Grade	Weight
PM	B	-5.06%
GS	B	-4.68%
JNJ	F	-4.31%
BXP	C	-3.6%
EQIX	C	-3.29%
SLMBP	C	-3.21%
DOW	D	-3.16%
AVGO	A	-3.15%
BAC	A	-3.01%
FRT	B	-2.67%
AQNU	F	-2.5%
KRC	F	-2.43%
AB	C	-2.36%
NEE	B	-2.1%
NYMTN	B	-2.07%
UGI	D	-2.03%
REXR	D	-1.99%
DLR	A	-1.7%
VOD	B	-1.64%
MSFT	A	-1.63%
KMI	B	-1.6%
BLMN	F	-1.56%
NFE	F	-1.55%
UNH	C	-1.41%
ADC	B	-1.36%
O	B	-1.33%
UZE	B	-1.3%
IP	B	-1.28%
CCI	C	-1.15%
JPM	C	-1.14%
MCD	D	-1.07%
HON	A	-1.0%
D	C	-0.95%
KO	B	-0.93%
ARE	C	-0.87%
AMGN	B	-0.87%
AES	B	-0.86%
IBM	C	-0.71%
AMT	B	-0.61%
IRM	A	-0.54%
GNL	D	-0.5%
MRK	B	-0.5%
EMR	D	-0.42%
CFG	D	-0.28%
STLA	F	-0.26%
CSCO	F	-0.24%
PEP	D	-0.15%
CAT	D	-0.13%
HPE	A	-0.12%
PG	A	-0.08%
WMB	A	-0.01%