MDIV vs. QDEF ETF Comparison

Comparison of First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) to FlexShares Quality Dividend Defensive Index Fund (QDEF)

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

$15.73

Average Daily Volume

58,592

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

QDEF

FlexShares Quality Dividend Defensive Index Fund

QDEF Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Quality Dividend Defensive IndexSM. The fund generally will invest under normal circumstances at least 80% of its total assets in the securities of the underlying index. The underlying index is designed to provide exposure to a high-quality, income-oriented portfolio of U.S. equity securities, with an emphasis on long-term capital growth and a targeted overall volatility that is lower than that of the Northern Trust 1250 IndexSM. It may also invest up to 20% of its assets in cash and cash equivalents.

Grade (RS Rating)

Last Trade

$65.32

Average Daily Volume

5,042

Number of Holdings ^*

134

* may have additional holdings in another (foreign) market

Performance

Period	MDIV	QDEF
30 Days	-0.63%	2.67%
60 Days	0.38%	7.11%
90 Days	0.65%	3.89%
12 Months	14.37%	19.67%

21 Overlapping Holdings

Symbol	Grade	Weight in MDIV	Weight in QDEF	Overlap
ABBV	B	0.34%	2.9%	0.34%
BMY	F	0.47%	0.35%	0.35%
CHRD	C	0.45%	0.1%	0.1%
CUBE	B	0.65%	0.41%	0.41%
CVX	C	0.33%	0.08%	0.08%
DTM	A	0.42%	0.12%	0.12%
DUK	D	0.35%	0.75%	0.35%
EVRG	D	0.41%	0.37%	0.37%
EXC	D	0.32%	0.39%	0.32%
GILD	C	0.43%	0.83%	0.43%
IBM	B	0.36%	1.52%	0.36%
K	D	0.33%	0.49%	0.33%
LYB	D	0.43%	0.39%	0.39%
MAA	B	0.58%	0.53%	0.53%
MO	A	0.76%	0.79%	0.76%
PNW	C	0.4%	0.5%	0.4%
PSA	B	0.6%	0.57%	0.57%
T	A	0.59%	0.55%	0.55%
VZ	A	0.58%	0.71%	0.58%
WEC	D	0.33%	0.25%	0.25%
WU	D	0.57%	0.45%	0.45%

MDIV Overweight 81 Positions Relative to QDEF

Symbol	Grade	Weight
HYLS	C	20.04%
RC	F	1.62%
IEP	D	1.6%
PMT	D	1.44%
ARLP	A	1.35%
DKL	C	1.34%
KRP	B	1.23%
BSM	C	1.21%
LADR	A	1.08%
AGNCN	A	1.08%
USAC	D	1.06%
DMLP	C	1.06%
EPR	C	1.04%
CQP	C	1.02%
CAPL	D	0.99%
MPLX	A	0.91%
ET	A	0.9%
IIPR	B	0.89%
WES	A	0.88%
APLE	D	0.85%
LTC	A	0.85%
GLPI	C	0.85%
SUN	B	0.84%
EPD	A	0.81%
PAA	B	0.78%
AAT	B	0.77%
GTY	D	0.77%
NRP	A	0.75%
CHSCO	A	0.74%
NHI	A	0.73%
FITBI	A	0.73%
CHSCL	A	0.73%
FCPT	B	0.73%
PAGP	A	0.73%
VICI	D	0.71%
GEL	A	0.71%
RZC	B	0.7%
GLP	C	0.7%
NNN	B	0.7%
CHSCN	B	0.68%
ALEX	B	0.67%
SPG	B	0.67%
CHSCM	A	0.66%
BRX	B	0.61%
CTRE	C	0.56%
REG	B	0.56%
UVV	D	0.54%
EXR	B	0.49%
ENLC	A	0.49%
BBY	B	0.44%
NWE	D	0.43%
AVA	C	0.42%
SR	C	0.41%
FANG	C	0.4%
ES	D	0.39%
BKH	C	0.39%
PRU	B	0.39%
CAG	D	0.38%
TROW	B	0.38%
POR	C	0.37%
FE	D	0.36%
VTRS	D	0.36%
OGS	C	0.36%
AEP	D	0.35%
ETR	D	0.35%
EIX	D	0.35%
PNM	D	0.34%
LNT	B	0.33%
SO	C	0.33%
KHC	D	0.33%
FAF	D	0.33%
XEL	D	0.33%
HPQ	B	0.32%
MS	B	0.32%
FNF	D	0.32%
CVS	D	0.32%
NI	B	0.32%
NJR	C	0.32%
NFG	D	0.31%
STT	C	0.31%
NMM	B	0.06%

MDIV Underweight 113 Positions Relative to QDEF

Symbol	Grade	Weight
AAPL	A	-6.24%
MSFT	A	-5.99%
NVDA	B	-5.3%
PG	C	-3.09%
JNJ	F	-3.04%
HD	C	-2.83%
META	B	-2.72%
KO	A	-2.36%
AVGO	B	-2.17%
CSCO	C	-1.89%
GOOGL	A	-1.63%
GOOG	A	-1.39%
INTU	B	-1.31%
MRK	C	-1.12%
KLAC	B	-1.09%
TMUS	A	-1.02%
LMT	A	-1.02%
CI	D	-0.96%
ADP	D	-0.95%
SBUX	F	-0.86%
MCD	F	-0.83%
MCK	B	-0.78%
ITW	D	-0.71%
AMGN	B	-0.69%
CME	D	-0.68%
XOM	C	-0.67%
JPM	A	-0.66%
MSI	A	-0.64%
AFL	B	-0.6%
MMM	B	-0.59%
VRSK	B	-0.59%
BK	A	-0.58%
OHI	A	-0.56%
PEG	A	-0.55%
FIS	C	-0.55%
BWXT	B	-0.54%
EQR	A	-0.54%
OTIS	C	-0.54%
CSL	C	-0.53%
EA	B	-0.53%
CPT	A	-0.53%
D	D	-0.53%
ESS	B	-0.53%
DPZ	C	-0.53%
DELL	B	-0.52%
EME	C	-0.52%
LDOS	B	-0.52%
UDR	B	-0.52%
HRB	A	-0.52%
AMH	A	-0.51%
PKG	B	-0.51%
ED	D	-0.51%
L	D	-0.5%
MLI	C	-0.5%
WTW	B	-0.5%
PPL	D	-0.5%
PAYX	D	-0.5%
GIS	D	-0.49%
RDN	B	-0.49%
WSM	C	-0.49%
DOX	D	-0.49%
MET	D	-0.49%
VRT	D	-0.49%
FAST	D	-0.49%
OMF	D	-0.48%
BPOP	C	-0.48%
RMD	D	-0.48%
AIZ	D	-0.48%
AFG	D	-0.48%
DDS	D	-0.48%
EXPD	B	-0.48%
BXMT	D	-0.48%
ORI	D	-0.48%
UMBF	C	-0.47%
WDFC	D	-0.46%
OGE	D	-0.45%
CFR	C	-0.44%
UNH	D	-0.44%
TGNA	D	-0.43%
LOW	D	-0.42%
BSY	D	-0.42%
CHE	D	-0.41%
SAIC	D	-0.41%
NSA	B	-0.4%
MSM	F	-0.37%
KMB	B	-0.37%
V	D	-0.37%
STWD	D	-0.34%
MA	D	-0.26%
NOC	D	-0.23%
COST	B	-0.21%
MAS	D	-0.21%
SCCO	C	-0.2%
DLR	A	-0.19%
ALL	C	-0.18%
AVB	A	-0.18%
WEN	F	-0.17%
EBAY	B	-0.16%
VST	C	-0.15%
CAH	D	-0.15%
CTRA	D	-0.14%
BAH	C	-0.14%
ROL	B	-0.13%
ZTS	C	-0.12%
AGNC	B	-0.1%
CRBG	B	-0.1%
WMT	B	-0.07%
BAC	A	-0.06%
CRM	D	-0.05%
CVI	F	-0.05%
CLX	D	-0.05%
PM	A	-0.02%
BMI	D	-0.02%