MDIV vs. IPPP ETF Comparison
Comparison of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) to Preferred-Plus ETF (IPPP)
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
$15.72
Average Daily Volume
100,664
106
IPPP
Preferred-Plus ETF
IPPP Description
The investment seeks to provide income. The fund invests at least 80% of its net assets (plus any borrowings made for investment purposes) in a portfolio of preferred securities issued by U.S. and non-U.S. companies. It may invest in preferred securities of all issuer capitalizations. The fund may also invest in publicly-traded partnerships (“PTPs”). The Advisor intends to maintain approximately 10% asset exposure to a credit spread options strategy, although market conditions may dictate additional exposure.Grade (RS Rating)
Last Trade
$9.72
Average Daily Volume
11,806
18
Performance
| Period | MDIV | IPPP |
|---|---|---|
| 30 Days | -0.05% | -0.90% |
| 60 Days | 2.44% | -0.50% |
| 90 Days | 2.31% | -1.09% |
| 12 Months | 14.00% | 12.04% |
MDIV Overweight 99 Positions Relative to IPPP
| Symbol | Grade | Weight | |
|---|---|---|---|
| HYLS | C | 19.56% | |
| RC | B | 1.48% | |
| ARLP | A | 1.46% | |
| PMT | B | 1.43% | |
| IEP | F | 1.35% | |
| DMLP | B | 1.24% | |
| BSM | A | 1.18% | |
| KRP | A | 1.16% | |
| LADR | B | 1.08% | |
| AGNCN | A | 1.06% | |
| DKL | D | 1.04% | |
| CQP | D | 1.01% | |
| EPR | D | 0.97% | |
| LTC | A | 0.97% | |
| NHI | A | 0.96% | |
| GBDC | A | 0.96% | |
| CAPL | A | 0.95% | |
| WES | A | 0.94% | |
| ET | A | 0.93% | |
| NS | C | 0.91% | |
| MPLX | A | 0.9% | |
| GLPI | F | 0.86% | |
| GTY | B | 0.85% | |
| USAC | D | 0.83% | |
| MO | A | 0.83% | |
| APLE | F | 0.79% | |
| PAA | A | 0.79% | |
| EPD | A | 0.78% | |
| CHSCO | D | 0.78% | |
| GLP | A | 0.76% | |
| PAGP | A | 0.75% | |
| CTRE | A | 0.74% | |
| FCPT | B | 0.74% | |
| GEL | A | 0.73% | |
| NNN | C | 0.73% | |
| NRP | A | 0.73% | |
| SPG | C | 0.68% | |
| CHSCM | B | 0.68% | |
| VICI | C | 0.66% | |
| EPRT | A | 0.64% | |
| LAMR | B | 0.64% | |
| CHSCP | C | 0.63% | |
| KIM | D | 0.62% | |
| WU | B | 0.62% | |
| ENLC | A | 0.61% | |
| BRX | C | 0.59% | |
| MAA | B | 0.59% | |
| CUBE | D | 0.57% | |
| REG | D | 0.53% | |
| PSA | D | 0.51% | |
| VZ | B | 0.51% | |
| SUN | C | 0.51% | |
| OKE | A | 0.5% | |
| UVV | B | 0.49% | |
| NWN | B | 0.46% | |
| PNW | A | 0.46% | |
| NWE | B | 0.46% | |
| CAG | B | 0.44% | |
| SR | A | 0.44% | |
| LYB | B | 0.44% | |
| CTRA | A | 0.43% | |
| EVRG | B | 0.43% | |
| ES | B | 0.43% | |
| BKH | B | 0.42% | |
| ALE | A | 0.41% | |
| PRU | B | 0.41% | |
| EXR | C | 0.41% | |
| VCTR | A | 0.41% | |
| KHC | A | 0.39% | |
| ETR | A | 0.39% | |
| BBY | D | 0.39% | |
| FE | A | 0.38% | |
| DUK | A | 0.38% | |
| BMY | F | 0.38% | |
| NFG | A | 0.38% | |
| UPS | D | 0.38% | |
| OGS | B | 0.38% | |
| EIX | A | 0.38% | |
| SWX | A | 0.38% | |
| TROW | C | 0.37% | |
| FLO | B | 0.37% | |
| K | A | 0.37% | |
| CVX | A | 0.37% | |
| KMB | A | 0.36% | |
| SO | A | 0.36% | |
| EXC | A | 0.36% | |
| AEP | A | 0.36% | |
| NI | A | 0.35% | |
| PEG | A | 0.35% | |
| BEN | F | 0.35% | |
| EMN | A | 0.35% | |
| C | A | 0.35% | |
| WEC | B | 0.34% | |
| NJR | B | 0.34% | |
| MS | A | 0.34% | |
| LNT | A | 0.33% | |
| VTRS | C | 0.31% | |
| GILD | F | 0.3% | |
| NMM | A | 0.11% |
MDIV: Top Represented Industries & Keywords
IPPP: Top Represented Industries & Keywords
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