PAPI vs. MDIV ETF Comparison

Comparison of Parametric Equity Premium Income ETF (PAPI) to Multi-Asset Diversified Income Index Fund (MDIV)

PAPI

Parametric Equity Premium Income ETF

PAPI Description

The fund is an actively managed exchange-traded fund. Under normal circumstances, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities in which the fund may invest include common stocks.

Grade (RS Rating)

Last Trade

$28.08

Average Daily Volume

33,669

Number of Holdings ^*

189

* may have additional holdings in another (foreign) market

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

Performance

Period	PAPI	MDIV
30 Days	3.08%	1.81%
60 Days	3.73%	1.08%
90 Days	4.88%	3.36%
12 Months	19.25%	18.42%

32 Overlapping Holdings

Symbol	Grade	Weight in PAPI	Weight in MDIV	Overlap
AEP	D	0.5%	0.31%	0.31%
CAG	D	0.48%	0.38%	0.38%
CHRD	D	0.52%	0.54%	0.52%
CVX	A	0.57%	0.41%	0.41%
DRI	B	0.54%	0.36%	0.36%
DTM	B	0.62%	0.45%	0.45%
DUK	C	0.5%	0.34%	0.34%
DVN	F	0.5%	0.36%	0.36%
EVRG	A	0.55%	0.44%	0.44%
FE	C	0.5%	0.35%	0.35%
FLO	D	0.49%	0.37%	0.37%
GILD	C	0.53%	0.44%	0.44%
IBM	C	0.46%	0.34%	0.34%
IPG	D	0.45%	0.34%	0.34%
KHC	F	0.46%	0.38%	0.38%
KMB	D	0.49%	0.31%	0.31%
LYB	F	0.48%	0.41%	0.41%
MDT	D	0.51%	0.31%	0.31%
MSM	C	0.53%	0.36%	0.36%
NFG	A	0.52%	0.32%	0.32%
OGS	A	0.54%	0.38%	0.38%
OKE	A	0.61%	0.51%	0.51%
PINC	B	0.6%	0.42%	0.42%
POR	C	0.51%	0.36%	0.36%
PRU	A	0.53%	0.4%	0.4%
SON	D	0.49%	0.32%	0.32%
T	A	0.55%	0.6%	0.55%
TROW	B	0.56%	0.46%	0.46%
VZ	C	0.5%	0.6%	0.5%
WEC	A	0.52%	0.37%	0.37%
WU	D	0.48%	0.64%	0.48%
XEL	A	0.57%	0.39%	0.39%

PAPI Overweight 157 Positions Relative to MDIV

Symbol	Grade	Weight
GRMN	B	0.65%
SNA	A	0.63%
IP	B	0.63%
BKR	B	0.62%
EMR	A	0.61%
UNM	A	0.61%
IDCC	A	0.61%
FOX	A	0.59%
CFR	B	0.59%
TAP	C	0.59%
EA	A	0.59%
PB	A	0.59%
MO	A	0.59%
IDA	A	0.59%
KMI	A	0.58%
CINF	A	0.58%
JHG	A	0.58%
WMB	A	0.58%
JCI	C	0.58%
WHR	B	0.57%
RHI	B	0.57%
TRV	B	0.57%
SRE	A	0.57%
CTRA	B	0.57%
RF	A	0.57%
DGX	A	0.57%
SYK	C	0.57%
LH	C	0.57%
TXRH	C	0.57%
FOXA	B	0.57%
CMI	A	0.57%
FAST	B	0.56%
WSO	A	0.56%
CAH	B	0.56%
EOG	A	0.56%
RS	B	0.56%
PKG	A	0.56%
PM	B	0.56%
COP	C	0.56%
VLO	C	0.55%
PPL	B	0.55%
DCI	B	0.55%
INGR	B	0.55%
UNH	C	0.55%
GGG	B	0.55%
OGE	B	0.55%
GNTX	C	0.54%
MOS	F	0.54%
PAG	B	0.54%
CMCSA	B	0.54%
COR	B	0.54%
ORI	A	0.54%
WMT	A	0.54%
CSCO	B	0.54%
COST	B	0.54%
CHD	B	0.54%
AFG	A	0.54%
TJX	A	0.54%
ADP	B	0.54%
MTN	C	0.54%
AEE	A	0.54%
MSFT	F	0.53%
CTSH	B	0.53%
LHX	C	0.53%
AM	A	0.53%
TXN	C	0.53%
PAYX	C	0.53%
ATO	A	0.53%
COLM	B	0.53%
HPE	B	0.53%
GLW	B	0.53%
HP	B	0.52%
LNT	A	0.52%
BMI	B	0.52%
ROP	B	0.52%
ABT	B	0.52%
PG	A	0.52%
ATR	B	0.52%
PEG	A	0.52%
UPS	C	0.52%
HPQ	B	0.52%
EXPD	D	0.52%
XOM	B	0.52%
PSX	C	0.52%
CME	A	0.52%
AVT	C	0.51%
DD	D	0.51%
CALM	A	0.51%
DLB	B	0.51%
DINO	D	0.51%
HIG	B	0.51%
FNF	B	0.51%
APD	A	0.51%
LKQ	D	0.51%
OXM	D	0.51%
CTVA	C	0.5%
BDX	F	0.5%
JNJ	D	0.5%
RTX	C	0.5%
POWI	D	0.5%
NYT	C	0.5%
GD	F	0.5%
ACN	C	0.5%
CCOI	B	0.5%
SNX	C	0.5%
PFG	D	0.5%
RGLD	C	0.5%
BG	F	0.5%
D	C	0.5%
MTG	C	0.5%
SO	D	0.5%
AFL	B	0.5%
DOX	D	0.49%
OMC	C	0.49%
CHE	D	0.49%
BBY	D	0.49%
PPG	F	0.49%
LIN	D	0.49%
JKHY	D	0.49%
EMN	D	0.49%
QCOM	F	0.49%
HRL	D	0.49%
AOS	F	0.48%
WEN	D	0.48%
ADI	D	0.48%
ED	D	0.48%
PEP	F	0.48%
RPRX	D	0.48%
LEA	D	0.48%
SHOO	D	0.47%
AMCR	D	0.47%
LEN	D	0.47%
CI	F	0.47%
ADM	D	0.47%
KDP	D	0.46%
ABBV	D	0.46%
ASH	D	0.46%
FMC	D	0.46%
HAS	D	0.46%
MRK	F	0.46%
SWKS	F	0.45%
GPC	D	0.45%
KO	D	0.45%
DHR	F	0.45%
ESNT	D	0.45%
HUN	F	0.44%
MAN	D	0.44%
DOW	F	0.44%
PFE	D	0.44%
INSW	F	0.44%
PII	D	0.43%
ELV	F	0.43%
CVI	F	0.42%
CRI	D	0.41%
HII	D	0.39%
NEM	D	0.38%
SCCO	F	0.0%

PAPI Underweight 71 Positions Relative to MDIV

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%
NNN	D	-0.64%
BRX	A	-0.63%
ALEX	C	-0.62%
LAMR	D	-0.61%
CTRE	D	-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%
ENLC	A	-0.51%
FANG	D	-0.47%
NWE	B	-0.45%
GEL	D	-0.44%
ETR	B	-0.44%
BKH	A	-0.43%
AVA	A	-0.43%
HMN	B	-0.42%
SR	A	-0.42%
PNM	F	-0.39%
VTRS	A	-0.39%
EXC	C	-0.38%
ES	D	-0.37%
PNC	B	-0.36%
EIX	B	-0.34%
NJR	A	-0.34%
SJM	D	-0.33%
FAF	A	-0.33%
GIS	D	-0.3%
NMM	D	-0.05%