MDIV vs. IFRA ETF Comparison

Comparison of Multi-Asset Diversified Income Index Fund (MDIV) to iShares U.S. Infrastructure ETF (IFRA)

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

$16.76

Average Daily Volume

87,595

Number of Holdings ^*

103

* may have additional holdings in another (foreign) market

IFRA

iShares U.S. Infrastructure ETF

IFRA Description

The investment seeks to track the investment results of the NYSE® FactSet U.S. Infrastructure Index (the "underlying index"), an index composed of equities of U.S. companies that have infrastructure exposure and that could benefit from a potential increase in domestic infrastructure activities. The fund generally will invest at least 90% of its assets in the component securities of the underlying index. The index is designed to measure the performance of equity securities of U.S. companies involved in U.S. focused infrastructure activities. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.22

Average Daily Volume

310,420

Number of Holdings ^*

150

* may have additional holdings in another (foreign) market

Performance

Period	MDIV	IFRA
30 Days	1.81%	8.33%
60 Days	1.08%	9.82%
90 Days	3.36%	13.63%
12 Months	18.42%	39.72%

20 Overlapping Holdings

Symbol	Grade	Weight in MDIV	Weight in IFRA	Overlap
AEP	D	0.31%	0.6%	0.31%
AVA	A	0.43%	0.63%	0.43%
BKH	A	0.43%	0.69%	0.43%
DTM	B	0.45%	0.87%	0.45%
DUK	C	0.34%	0.62%	0.34%
EIX	B	0.34%	0.62%	0.34%
ENLC	A	0.51%	0.72%	0.51%
ES	D	0.37%	0.6%	0.37%
ETR	B	0.44%	0.79%	0.44%
EVRG	A	0.44%	0.69%	0.44%
EXC	C	0.38%	0.65%	0.38%
FE	C	0.35%	0.61%	0.35%
LYB	F	0.41%	0.44%	0.41%
NWE	B	0.45%	0.66%	0.45%
OGS	A	0.38%	0.71%	0.38%
OKE	A	0.51%	0.78%	0.51%
POR	C	0.36%	0.63%	0.36%
SR	A	0.42%	0.66%	0.42%
WEC	A	0.37%	0.67%	0.37%
XEL	A	0.39%	0.72%	0.39%

MDIV Overweight 83 Positions Relative to IFRA

Symbol	Grade	Weight
HYLS	C	20.0%
IEP	F	1.51%
PMT	D	1.47%
ARLP	A	1.41%
DMLP	A	1.3%
BSM	B	1.28%
KRP	B	1.27%
DKL	C	1.2%
CAPL	D	1.17%
USAC	B	1.16%
AGNCN	B	1.09%
APLE	B	1.05%
LADR	B	1.03%
EPR	D	0.99%
GLP	A	0.96%
MPLX	A	0.95%
LTC	B	0.94%
CQP	B	0.92%
ET	A	0.91%
NRP	B	0.89%
WES	C	0.86%
GTY	B	0.84%
HST	C	0.83%
EPD	A	0.82%
FITBI	C	0.79%
GLPI	C	0.79%
CHSCO	C	0.78%
SPG	B	0.77%
CHSCL	C	0.76%
SUN	B	0.74%
AAT	B	0.72%
CHSCN	D	0.72%
RZC	C	0.72%
PAA	B	0.71%
VICI	C	0.71%
IIPR	D	0.71%
FCPT	C	0.71%
CHSCM	D	0.69%
PAGP	A	0.67%
NHI	D	0.65%
WU	D	0.64%
NNN	D	0.64%
BRX	A	0.63%
ALEX	C	0.62%
LAMR	D	0.61%
VZ	C	0.6%
CTRE	D	0.6%
T	A	0.6%
CDP	C	0.58%
REG	B	0.57%
MAA	B	0.57%
PSA	D	0.56%
CUBE	D	0.56%
BMY	B	0.55%
CHRD	D	0.54%
FANG	D	0.47%
TROW	B	0.46%
GILD	C	0.44%
GEL	D	0.44%
HMN	B	0.42%
PINC	B	0.42%
CVX	A	0.41%
PRU	A	0.4%
PNM	F	0.39%
VTRS	A	0.39%
CAG	D	0.38%
KHC	F	0.38%
FLO	D	0.37%
DVN	F	0.36%
PNC	B	0.36%
MSM	C	0.36%
DRI	B	0.36%
IBM	C	0.34%
IPG	D	0.34%
NJR	A	0.34%
SJM	D	0.33%
FAF	A	0.33%
SON	D	0.32%
NFG	A	0.32%
KMB	D	0.31%
MDT	D	0.31%
GIS	D	0.3%
NMM	D	0.05%

MDIV Underweight 130 Positions Relative to IFRA

Symbol	Grade	Weight
VST	B	-1.23%
USLM	A	-0.91%
CENX	B	-0.86%
KNTK	B	-0.85%
CEG	D	-0.85%
MYRG	B	-0.84%
STRL	B	-0.83%
KMI	A	-0.83%
AGX	B	-0.82%
WMB	A	-0.82%
MGEE	C	-0.8%
PRIM	A	-0.8%
NRG	B	-0.79%
ROAD	A	-0.77%
IDA	A	-0.74%
TXNM	A	-0.73%
FIX	A	-0.72%
CNP	B	-0.72%
LMB	A	-0.72%
SRE	A	-0.72%
ATO	A	-0.72%
AEE	A	-0.71%
CMP	C	-0.71%
NI	A	-0.71%
GBX	A	-0.71%
PEG	A	-0.71%
MSEX	B	-0.7%
CPK	A	-0.7%
EME	C	-0.7%
MTZ	B	-0.7%
CSX	B	-0.7%
PCG	A	-0.69%
OGE	B	-0.69%
AM	A	-0.69%
NSC	B	-0.69%
AWR	B	-0.68%
HEES	B	-0.68%
MLI	C	-0.68%
MTRX	B	-0.68%
PNW	B	-0.68%
PPL	B	-0.68%
NWN	A	-0.68%
LXFR	C	-0.68%
LNT	A	-0.67%
ALE	A	-0.67%
GLDD	B	-0.67%
RYI	C	-0.67%
SUM	B	-0.67%
APOG	B	-0.66%
AGR	B	-0.66%
UTL	B	-0.66%
GVA	A	-0.66%
D	C	-0.65%
BXC	B	-0.65%
WTRG	B	-0.65%
PWR	A	-0.65%
CMS	C	-0.65%
DTE	C	-0.64%
SO	D	-0.64%
NWPX	A	-0.64%
CRS	A	-0.64%
AWI	A	-0.63%
EXP	A	-0.63%
KNF	A	-0.63%
TPC	C	-0.63%
VMI	B	-0.63%
NGVT	B	-0.63%
STLD	B	-0.62%
OC	A	-0.62%
NEE	D	-0.62%
URI	B	-0.62%
UNP	C	-0.62%
CWT	D	-0.61%
ECVT	C	-0.61%
ASTE	B	-0.61%
ARTNA	D	-0.61%
YORW	D	-0.61%
TRN	C	-0.6%
SJW	D	-0.6%
AWK	D	-0.6%
VMC	B	-0.6%
LPX	B	-0.6%
ED	D	-0.6%
CMC	B	-0.59%
KALU	C	-0.59%
LXU	B	-0.59%
HE	C	-0.59%
X	C	-0.58%
MLM	B	-0.58%
TREX	C	-0.57%
OSK	B	-0.57%
FLR	B	-0.57%
CSL	C	-0.56%
BCC	B	-0.56%
RS	B	-0.56%
AZEK	A	-0.56%
ACM	A	-0.56%
ASIX	A	-0.55%
APG	B	-0.55%
SWX	B	-0.55%
ROCK	C	-0.54%
NFE	D	-0.54%
SSD	D	-0.53%
BWMN	C	-0.53%
HWKN	B	-0.53%
BLDR	D	-0.53%
XPEL	C	-0.53%
ZEUS	C	-0.52%
POOL	C	-0.52%
NUE	C	-0.52%
TEX	D	-0.52%
KOP	C	-0.51%
EMN	D	-0.51%
AESI	B	-0.5%
CLF	F	-0.5%
OLN	D	-0.5%
BLD	D	-0.5%
NVEE	F	-0.5%
HAYN	C	-0.5%
MTUS	C	-0.49%
J	F	-0.49%
IIIN	C	-0.48%
ATI	D	-0.48%
WOR	F	-0.47%
WMS	D	-0.46%
WLK	D	-0.46%
MDU	D	-0.36%
MATV	D	-0.33%
NVRI	F	-0.33%
TTEK	F	-0.09%