REM vs. HIPS ETF Comparison
Comparison of iShares Mortgage Real Estate Capped ETF (REM) to Master Income ETF (HIPS)
REM
iShares Mortgage Real Estate Capped ETF
REM Description
The investment seeks to track the investment results of an index composed of U.S. real estate investment trusts ("REITs") that hold U.S. residential and commercial mortgages. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of the residential and commercial mortgage real estate, mortgage finance and savings associations sectors of the U.S. equity market. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$22.50
Average Daily Volume
279,981
32
HIPS
Master Income ETF
HIPS Description
The Master Income ETF seeks to track the total return performance, before fees and expenses, of the TFMS HIPS 300 Index. The Index is constructed to capture 300 high income securities, typically with pass-through structures, across the following sectors: (i) closed-end funds (“CEFs”), (ii) mortgage real estate investment trusts (“REITs”), (iii) commercial equity REITs, (iv) residential/diversified REITs, (v) asset management and business development companies (“BDCs”), and (vi) energy production and energy transportation & processing companies. Energy-related companies included in the Index are expected to primarily be structured as master limited partnerships (“MLPs”). CEFs included in the Index are limited to taxable, debt-based funds and may include CEFs that invest primarily in bank loans, high-yield securities (also known as “junk bonds”), foreign securities (including those in emerging markets), and mortgage- or asset-backed securities. The Index is constituted using proprietary methodology developed by Trust and Fiduciary Management Services, Inc. The Index Provider determines the relative weightings of the securities in the Index and publishes information regarding the market value of the Index.Grade (RS Rating)
Last Trade
$12.69
Average Daily Volume
25,684
37
Performance
| Period | REM | HIPS |
|---|---|---|
| 30 Days | -0.71% | -0.36% |
| 60 Days | 2.43% | 2.73% |
| 90 Days | 0.83% | 5.63% |
| 12 Months | 20.73% | 22.09% |
0 Overlapping Holdings
| Symbol | Grade | Weight in REM | Weight in HIPS | Overlap |
|---|
REM Overweight 32 Positions Relative to HIPS
| Symbol | Grade | Weight | |
|---|---|---|---|
| NLY | A | 15.75% | |
| AGNC | B | 10.79% | |
| STWD | C | 9.5% | |
| RITM | A | 9.04% | |
| ABR | C | 4.29% | |
| BXMT | F | 4.03% | |
| ARI | F | 3.76% | |
| RC | C | 3.44% | |
| TWO | A | 3.16% | |
| PMT | A | 3.04% | |
| LADR | A | 3.02% | |
| MFA | B | 2.66% | |
| FBRT | B | 2.58% | |
| CIM | D | 2.33% | |
| ARR | C | 2.21% | |
| EFC | C | 2.16% | |
| BRSP | F | 2.02% | |
| CMTG | D | 1.91% | |
| RWT | D | 1.85% | |
| DX | C | 1.63% | |
| NYMT | F | 1.57% | |
| KREF | F | 1.39% | |
| TRTX | A | 1.29% | |
| ORC | B | 1.07% | |
| IVR | C | 1.02% | |
| ACRE | D | 0.88% | |
| REFI | A | 0.63% | |
| GPMT | D | 0.55% | |
| AFCG | B | 0.48% | |
| SEVN | A | 0.39% | |
| AOMR | B | 0.32% | |
| NREF | D | 0.26% |
REM Underweight 37 Positions Relative to HIPS
| Symbol | Grade | Weight | |
|---|---|---|---|
| WES | A | -3.08% | |
| NS | D | -2.99% | |
| PAA | B | -2.97% | |
| ET | A | -2.83% | |
| BXSL | A | -2.83% | |
| GBDC | A | -2.81% | |
| MPLX | A | -2.79% | |
| EPD | C | -2.64% | |
| PK | D | -2.63% | |
| GSBD | A | -2.61% | |
| EFT | A | -2.59% | |
| JQC | A | -2.57% | |
| JFR | A | -2.57% | |
| BGX | A | -2.57% | |
| DMLP | C | -2.54% | |
| FCT | A | -2.54% | |
| USAC | D | -2.53% | |
| ARCC | A | -2.52% | |
| FDUS | B | -2.51% | |
| SLRC | A | -2.5% | |
| BSM | B | -2.48% | |
| LTC | A | -2.43% | |
| OHI | A | -2.42% | |
| DSU | C | -2.41% | |
| NMFC | A | -2.41% | |
| FSD | A | -2.39% | |
| SBRA | B | -2.38% | |
| BLW | C | -2.38% | |
| CQP | C | -2.38% | |
| FSK | B | -2.32% | |
| ALX | C | -2.31% | |
| NNN | A | -2.28% | |
| GTY | C | -2.25% | |
| NBB | C | -2.25% | |
| GLPI | F | -2.12% | |
| EPR | D | -2.04% | |
| GNL | D | -1.7% |
REM: Top Represented Industries & Keywords
HIPS: Top Represented Industries & Keywords
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