MDIV vs. MLPA ETF Comparison

Comparison of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) to Global X MLP ETF (MLPA)

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

$15.77

Average Daily Volume

97,474

Number of Holdings ^*

106

* may have additional holdings in another (foreign) market

MLPA

Global X MLP ETF

MLPA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive MLP Composite Index ("underlying index"). The fund invests at least 80% of its net assets in the securities of the underlying index. Moreover, at least 80% of the fund's net assets will be invested in securities that have economic characteristics of the Master Limited Partnership ("MLP") asset class. The underlying index is intended to give investors a means of tracking the overall performance of the United States master limited partnerships (MLP) asset class. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$48.07

Average Daily Volume

120,126

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MDIV	MLPA
30 Days	0.49%	-1.86%
60 Days	2.07%	2.52%
90 Days	3.53%	7.03%
12 Months	19.35%	27.58%

14 Overlapping Holdings

Symbol	Grade	Weight in MDIV	Weight in MLPA	Overlap
CAPL	B	0.95%	0.0%	0.0%
CQP	C	1.01%	5.09%	1.01%
DKL	D	1.04%	0.86%	0.86%
ENLC	C	0.61%	8.05%	0.61%
EPD	C	0.78%	12.13%	0.78%
ET	A	0.93%	11.93%	0.93%
GEL	A	0.73%	3.23%	0.73%
GLP	A	0.76%	3.45%	0.76%
MPLX	A	0.9%	10.82%	0.9%
NS	D	0.91%	5.72%	0.91%
PAA	B	0.79%	9.9%	0.79%
SUN	D	0.51%	7.04%	0.51%
USAC	D	0.83%	3.13%	0.83%
WES	A	0.94%	9.7%	0.94%

MDIV Overweight 92 Positions Relative to MLPA

Symbol	Grade	Weight
HYLS	A	19.56%
RC	C	1.48%
ARLP	A	1.46%
PMT	A	1.43%
IEP	F	1.35%
DMLP	C	1.24%
NSS	A	1.18%
BSM	B	1.18%
KRP	A	1.16%
LADR	A	1.08%
AGNCN	A	1.06%
EPR	D	0.97%
LTC	A	0.97%
NHI	A	0.96%
GBDC	A	0.96%
GLPI	F	0.86%
GTY	C	0.85%
MO	A	0.83%
APLE	F	0.79%
CHSCO	C	0.78%
PAGP	B	0.75%
CTRE	B	0.74%
FCPT	C	0.74%
CHSCL	B	0.74%
NNN	A	0.73%
NRP	B	0.73%
ESGRP	A	0.72%
WTFCP	A	0.71%
SPG	D	0.68%
CHSCM	A	0.68%
CHSCN	B	0.68%
VICI	D	0.66%
EPRT	A	0.64%
LAMR	B	0.64%
CHSCP	C	0.63%
KIM	C	0.62%
WU	C	0.62%
CMSD	B	0.61%
BRX	C	0.59%
MAA	B	0.59%
CUBE	D	0.57%
REG	F	0.53%
T	C	0.51%
PSA	D	0.51%
VZ	D	0.51%
OKE	C	0.5%
UVV	B	0.49%
NWN	B	0.46%
PNW	B	0.46%
NWE	B	0.46%
CAG	B	0.44%
SR	B	0.44%
LYB	D	0.44%
CTRA	A	0.43%
EVRG	B	0.43%
ES	B	0.43%
BKH	B	0.42%
ALE	A	0.41%
PRU	C	0.41%
EXR	C	0.41%
VCTR	A	0.41%
KHC	B	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	F	0.38%
OGS	B	0.38%
EIX	A	0.38%
SWX	A	0.38%
TROW	D	0.37%
FLO	B	0.37%
K	B	0.37%
CVX	B	0.37%
KMB	A	0.36%
SO	A	0.36%
EXC	C	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	B	0.33%
VTRS	D	0.31%
GILD	F	0.3%
NMM	A	0.11%

MDIV Underweight 5 Positions Relative to MLPA

Symbol	Grade	Weight
HESM	C	-5.88%
SPH	D	-3.07%
MMLP	B	-0.0%
SGU	B	-0.0%
SMLP	B	-0.0%