MDIV vs. PPTY ETF Comparison

Comparison of Multi-Asset Diversified Income Index Fund (MDIV) to PPTY U.S. Diversified Real Estate ETF (PPTY)

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

PPTY

PPTY U.S. Diversified Real Estate ETF

PPTY Description

The investment seeks to track the performance, before fees and expenses, of the PPTYX - U.S. Diversified Real Estate Index¿ (the "index"). Under normal circumstances, at least 80% of the fund's total assets (exclusive of any collateral held from securities lending) will be invested in the component securities of the index. The index was developed in 2017 by the fund's index provider and an affiliate of the fund's sub-adviser, and uses a rules-based methodology to provide diversified exposure to the liquid U.S. real estate market.

Grade (RS Rating)

Last Trade

$34.08

Average Daily Volume

47,858

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MDIV	PPTY
30 Days	1.81%	0.24%
60 Days	1.08%	0.01%
90 Days	3.36%	3.80%
12 Months	18.42%	30.04%

18 Overlapping Holdings

Symbol	Grade	Weight in MDIV	Weight in PPTY	Overlap
AAT	B	0.72%	1.44%	0.72%
ALEX	C	0.62%	0.19%	0.19%
APLE	B	1.05%	0.42%	0.42%
BRX	A	0.63%	0.11%	0.11%
CDP	C	0.58%	1.74%	0.58%
CTRE	D	0.6%	0.43%	0.43%
CUBE	D	0.56%	0.28%	0.28%
FCPT	C	0.71%	3.35%	0.71%
GTY	B	0.84%	0.76%	0.76%
HST	C	0.83%	0.63%	0.63%
IIPR	D	0.71%	1.12%	0.71%
LTC	B	0.94%	0.35%	0.35%
MAA	B	0.57%	1.9%	0.57%
NHI	D	0.65%	0.41%	0.41%
NNN	D	0.64%	0.09%	0.09%
PSA	D	0.56%	0.86%	0.56%
REG	B	0.57%	1.74%	0.57%
SPG	B	0.77%	2.86%	0.77%

MDIV Overweight 85 Positions Relative to PPTY

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%
LADR	B	1.03%
EPR	D	0.99%
GLP	A	0.96%
MPLX	A	0.95%
CQP	B	0.92%
ET	A	0.91%
NRP	B	0.89%
WES	C	0.86%
EPD	A	0.82%
FITBI	C	0.79%
GLPI	C	0.79%
CHSCO	C	0.78%
CHSCL	C	0.76%
SUN	B	0.74%
CHSCN	D	0.72%
RZC	C	0.72%
PAA	B	0.71%
VICI	C	0.71%
CHSCM	D	0.69%
PAGP	A	0.67%
WU	D	0.64%
LAMR	D	0.61%
VZ	C	0.6%
T	A	0.6%
BMY	B	0.55%
CHRD	D	0.54%
ENLC	A	0.51%
OKE	A	0.51%
FANG	D	0.47%
TROW	B	0.46%
DTM	B	0.45%
NWE	B	0.45%
GILD	C	0.44%
EVRG	A	0.44%
GEL	D	0.44%
ETR	B	0.44%
BKH	A	0.43%
AVA	A	0.43%
HMN	B	0.42%
PINC	B	0.42%
SR	A	0.42%
LYB	F	0.41%
CVX	A	0.41%
PRU	A	0.4%
PNM	F	0.39%
XEL	A	0.39%
VTRS	A	0.39%
EXC	C	0.38%
CAG	D	0.38%
OGS	A	0.38%
KHC	F	0.38%
ES	D	0.37%
FLO	D	0.37%
WEC	A	0.37%
DVN	F	0.36%
POR	C	0.36%
PNC	B	0.36%
MSM	C	0.36%
DRI	B	0.36%
FE	C	0.35%
IBM	C	0.34%
IPG	D	0.34%
EIX	B	0.34%
DUK	C	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%
AEP	D	0.31%
GIS	D	0.3%
NMM	D	0.05%

MDIV Underweight 74 Positions Relative to PPTY

Symbol	Grade	Weight
EQIX	A	-4.33%
AVB	B	-4.12%
DLR	B	-3.91%
PLD	D	-3.58%
ARE	D	-3.47%
EQR	B	-2.93%
WELL	A	-2.71%
DEA	D	-2.56%
HIW	D	-2.4%
MAR	B	-2.32%
AMH	D	-2.31%
UDR	B	-2.09%
TRNO	F	-2.05%
ESS	B	-2.03%
HLT	A	-1.83%
IRT	A	-1.71%
STAG	F	-1.58%
CUZ	B	-1.54%
FRT	B	-1.5%
CPT	B	-1.49%
COLD	D	-1.45%
KIM	A	-1.44%
VTR	C	-1.36%
EGP	F	-1.31%
SLG	B	-1.28%
AKR	B	-1.27%
ESRT	C	-1.26%
SKT	B	-1.12%
WPC	D	-1.1%
EQC	B	-1.0%
FR	C	-0.98%
SUI	D	-0.94%
BXP	D	-0.91%
INVH	D	-0.83%
KRG	B	-0.8%
PECO	A	-0.8%
ADC	B	-0.78%
ELS	C	-0.75%
DOC	D	-0.73%
OHI	C	-0.71%
H	B	-0.68%
EXR	D	-0.6%
WH	B	-0.56%
DEI	B	-0.56%
RHP	B	-0.53%
O	D	-0.51%
CHH	A	-0.5%
SBRA	C	-0.45%
DBRG	F	-0.4%
NTST	D	-0.4%
CSR	B	-0.37%
IVT	B	-0.36%
SHO	C	-0.34%
NHC	C	-0.32%
UMH	C	-0.29%
NSA	D	-0.24%
AHH	D	-0.24%
ROIC	A	-0.19%
CHCT	C	-0.18%
VNO	B	-0.14%
DRH	B	-0.11%
KRC	C	-0.11%
UE	C	-0.11%
ELME	D	-0.1%
BFS	C	-0.1%
BNL	D	-0.1%
XHR	B	-0.1%
EPRT	B	-0.1%
GMRE	F	-0.09%
LXP	D	-0.09%
JBGS	D	-0.09%
AIV	C	-0.09%
PLYM	F	-0.08%
REXR	F	-0.08%