Overview Performance Dividends Correlations

4 Stock and 96 ETF HPS (John Hancock Preferred Income Fund III) alternatives

The most close HPS (John Hancock Preferred Income Fund III) alternative is ETF CEFZ (RIVERNORTH ACTIVE INCOME ETF). The correlation is 0.9742.

Stocks that highly correlated with HPS

Symbol	Name	Market cap	Sector	Industry	Correlation
ALTS	ALT5 Sigma Corporation Common Stock	$4.90B	Technology	Software - Application	0.86
COF-P-I	Capital One Financial Corp	$11B	N/A	Other	0.83
COF-P-J	Capital One Financial Corp	$11B	N/A	N/A	0.83
ADAMN	Adamas Trust Inc	$2.11B	Real Estate	Reit - Mortgage	0.82

ETFs that highly correlated with HPS

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$39M	3.36%	Dec 27, 2006	0.97
HPI	John Hancock Preferred Income Fund	$422M	N/A	N/A	0.94
HPF	John Hancock Preferred Income Fund II	$338M	N/A	N/A	0.94
PFFA	VIRTUS INFRACAP U.S. PREFERRED STOCK ETF	$2.30B	2.11%	May 15, 2018	0.89
PFFL	ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25 2048	$4.90M	N/A	Sep 26, 2018	0.89
PFLD	AAM LOW DURATION PREFERRED AND INCOME SECURITIES ETF	$424M	0.45%	Nov 19, 2019	0.89
PFFR	INFRACAP REIT PREFERRED ETF	$118M	0.45%	Feb 7, 2017	0.89
YYY	AMPLIFY CEF HIGH INCOME ETF	$712M	3.23%	Jun 12, 2012	0.88
PCEF	INVESCO CEF INCOME COMPOSITE ETF	$836M	2.71%	Feb 19, 2010	0.88
FCEF	FIRST TRUST INCOME OPPORTUNITIES ETF	$75M	3.69%	Sep 27, 2016	0.88
PFF	ISHARES PREFERRED AND INCOME SECURITIES ETF	$14B	0.45%	Mar 26, 2007	0.87
HTD	John Hancock Tax- Advantaged Dividend Income	$978M	N/A	N/A	0.87
PFXF	VANECK PREFERRED SECURITIES EX FINANCIALS ETF	$2.30B	0.40%	Jul 16, 2012	0.87
JRI	Nuveen Real Asset Income and Growth Fund	$498M	N/A	N/A	0.87
PCN	PIMCO Corporate & Income Strategy Fund	$864M	N/A	N/A	0.87
NRO	Neuberger Berman Real Estate Securities Income Fund Inc	$212M	N/A	N/A	0.86
JPC	Nuveen Preferred & Income Opportunities Fund	$3B	N/A	N/A	0.86
HYT	BlackRock Corporate High Yield Fund Inc	$1.80B	N/A	N/A	0.86
RNP	Cohen & Steers REIT & Preferred Income Fund Inc	$1.10B	N/A	N/A	0.86
ALTY	GLOBAL X ALTERNATIVE INCOME ETF	$45M	0.50%	Jul 13, 2015	0.86
FLC	Flaherty & Crumrine Total Return Fund Inc	$196M	N/A	N/A	0.86
JHPI	JOHN HANCOCK PREFERRED INCOME ETF	$178M	0.54%	Dec 14, 2021	0.86
INKM	SPDR SSGA INCOME ALLOCATION ETF	$76M	0.50%	Apr 25, 2012	0.86
FPF	First Trust Intermediate Duration Preferred & Income Fund	$1.20B	N/A	N/A	0.85
JRS	Nuveen Real Estate Income Fund.	$260M	N/A	N/A	0.85
PDT	John Hancock Premium Dividend Fund	$733M	N/A	N/A	0.85
HYGV	FLEXSHARES HIGH YIELD VALUE-SCORED BOND INDEX FUND	$1.10B	0.37%	Jul 17, 2018	0.85
PHYL	PGIM ACTIVE HIGH YIELD BOND ETF	$1.30B	0.39%	Sep 24, 2018	0.85
SCD	LMP Capital and Income Fund Inc	$391M	N/A	N/A	0.85
MDIV	MULTI-ASSET DIVERSIFIED INCOME INDEX FUND	$417M	0.71%	Aug 13, 2012	0.85
DFP	Flaherty & Crumrine Dynamic Preferred and Income Fund Inc	$463M	N/A	N/A	0.85
FPE	FIRST TRUST PREFERRED SECURITIES AND INCOME ETF	$6.40B	0.83%	Feb 11, 2013	0.85
HYUP	XTRACKERS HIGH BETA HIGH YIELD BOND ETF	$44M	0.20%	Jan 11, 2018	0.85
CEFS	SABA CLOSED-END FUNDS ETF	$402M	2.61%	Mar 20, 2017	0.84
PFFD	GLOBAL X U.S. PREFERRED ETF	$2.20B	0.23%	Sep 11, 2017	0.84
BLW	BlackRock Ltd Duration Income Trust	$527M	N/A	N/A	0.84
EAD	Allspring Income Opportunities Fund	$426M	N/A	N/A	0.84
BSJQ	INVESCO BULLETSHARES 2026 HIGH YIELD CORPORATE BOND ETF	$1.10B	0.43%	Aug 9, 2018	0.84
GQRE	FLEXSHARES GLOBAL QUALITY REAL ESTATE INDEX FUND	$383M	0.45%	Nov 5, 2013	0.84
RFI	Cohen & Steers Total Return Realty Fund Inc	$319M	N/A	N/A	0.84
RQI	Cohen & Steers Quality Income Realty Fund Inc	$1.80B	N/A	N/A	0.84
REET	ISHARES GLOBAL REIT ETF	$4.80B	0.14%	Jul 8, 2014	0.84
LDP	Cohen & Steers Ltd Duration Preferred and Income Fund Inc	$649M	N/A	N/A	0.84
USHY	ISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF	$26B	0.08%	Oct 25, 2017	0.84
AWF	AllianceBernstein Global High Income Fund Inc	$980M	N/A	N/A	0.84
SHYL	XTRACKERS SHORT DURATION HIGH YIELD BOND ETF	$261M	0.20%	Jan 9, 2018	0.84
RWO	SPDR(R) DOW JONES GLOBAL REAL ESTATE ETF	$1.20B	0.50%	May 7, 2008	0.84
VLT	Invesco High Income Trust II	$71M	N/A	N/A	0.84
PFN	Pimco Income Strategy Fund II	$686M	N/A	N/A	0.84
HYDB	ISHARES HIGH YIELD SYSTEMATIC BOND ETF	$1.50B	0.35%	Jul 11, 2017	0.84
ISD	PGIM High Yield Bond Fund Inc	$461M	N/A	N/A	0.84
VRP	INVESCO VARIABLE RATE PREFERRED ETF	$2.60B	0.50%	May 1, 2014	0.84
HIO	Western Asset High Income Opportunity Fund Inc	$375M	N/A	N/A	0.84
PGX	INVESCO PREFERRED ETF	$3.90B	0.50%	Jan 31, 2008	0.83
IYLD	ISHARES MORNINGSTAR MULTI-ASSET INCOME ETF	$129M	0.50%	Apr 3, 2012	0.83
JGH	Nuveen Global High Income Fund	$385M	N/A	N/A	0.83
FLHY	FRANKLIN HIGH YIELD CORPORATE ETF	$1.10B	0.40%	May 30, 2018	0.83
YLD	PRINCIPAL ACTIVE HIGH YIELD ETF (FORMERLY PRINCIPAL ACTIVE INCOME ETF)	$524M	0.39%	Jul 8, 2015	0.83
SPFF	GLOBAL X SUPERINCOME PREFERRED ETF	$148M	0.48%	Jul 16, 2012	0.83
FFC	Flaherty & Crumrine Preferred and Income Securities Fund Inc	$840M	N/A	N/A	0.83
JPUS	JPMORGAN DIVERSIFIED RETURN U.S. EQUITY ETF	$442M	0.18%	Sep 29, 2015	0.83
IGR	CBRE Global Real Estate Income Fund	$710M	N/A	N/A	0.83
MFUS	PIMCO RAFI DYNAMIC MULTI-FACTOR U.S. EQUITY ETF	$251M	0.29%	Aug 31, 2017	0.83
FPEI	FIRST TRUST INSTITUTIONAL PREFERRED SECURITIES AND INCOME ETF	$1.90B	0.85%	Aug 22, 2017	0.83
HOMZ	HOYA CAPITAL HOUSING ETF	$35M	0.30%	Mar 19, 2019	0.83
GSEW	GOLDMAN SACHS EQUAL WEIGHT U.S. LARGE CAP EQUITY ETF	$1.70B	0.09%	Sep 12, 2017	0.83
DHF	BNY Mellon High Yield Strategies Fund	$198M	N/A	N/A	0.83
PREF	PRINCIPAL SPECTRUM PREFERRED SECURITIES ACTIVE ETF	$1.50B	0.55%	Jul 10, 2017	0.83
HYLB	XTRACKERS USD HIGH YIELD CORPORATE BOND ETF	$3.40B	0.05%	Dec 6, 2016	0.83
EOD	Allspring Global Dividend Opportunity Fund	$294M	N/A	N/A	0.83
AUSF	GLOBAL X ADAPTIVE U.S. FACTOR ETF	$872M	0.27%	Aug 24, 2018	0.83
RDOG	ALPS REIT DIVIDEND DOGS ETF	$11M	0.35%	May 7, 2008	0.83
GDV	Gabelli Dividend & Income Trust	$2.90B	N/A	N/A	0.83
PPTY	U.S. DIVERSIFIED REAL ESTATE ETF	$24M	0.53%	Mar 26, 2018	0.83
RAFE	PIMCO RAFI ESG U.S. ETF	$140M	0.29%	Dec 18, 2019	0.83
VALQ	AMERICAN CENTURY U.S. QUALITY VALUE ETF	$306M	0.29%	Jan 11, 2018	0.83
QLV	FLEXSHARES US QUALITY LOW VOLATILITY INDEX FUND	$170M	0.08%	Jul 15, 2019	0.83
SPHY	SPDR PORTFOLIO HIGH YIELD BOND ETF	$11B	0.05%	Jun 18, 2012	0.83
EQL	ALPS EQUAL SECTOR WEIGHT ETF	$696M	0.27%	Jul 6, 2009	0.83
TPLC	TIMOTHY PLAN US LARGE/MID CAP CORE ETF	$359M	0.52%	Apr 30, 2019	0.82
HIPS	GraniteShares HIPS US High Income ETF	$105M	1.17%	Jan 7, 2015	0.82
DTRE	FIRST TRUST ALERIAN DISRUPTIVE TECHNOLOGY REAL ESTATE ETF	$17M	0.60%	Aug 27, 2007	0.82
PFL	Pimco Income Strategy Fund	$386M	N/A	N/A	0.82
SHYG	ISHARES 0-5 YEAR HIGH YIELD CORPORATE BOND ETF	$7.60B	0.30%	Oct 15, 2013	0.82
VFMV	VANGUARD U.S. MINIMUM VOLATILITY ETF ETF SHARES	$421M	0.13%	Feb 13, 2018	0.82
OUSM	ALPS \| O'SHARES U.S. SMALL-CAP QUALITY DIVIDEND ETF SHARES	$904M	0.48%	Dec 30, 2016	0.82
GAL	SPDR SSGA GLOBAL ALLOCATION ETF	$307M	0.35%	Apr 25, 2012	0.82
HYS	PIMCO 0-5 YEAR HIGH YIELD CORPORATE BOND INDEX EXCHANGE-TRADED FUND	$1.70B	0.56%	Jun 16, 2011	0.82
PSF	Cohen & Steers Select Preferred and Income Fund Inc	$264M	N/A	N/A	0.82
EVT	Eaton Vance Tax Advantaged Dividend Income Fund	$2.10B	N/A	N/A	0.82
TY	Tri-Continental Corp	$2B	N/A	N/A	0.82
REVS	COLUMBIA RESEARCH ENHANCED VALUE ETF	$284M	0.19%	Sep 25, 2019	0.82
BBCA	JPMORGAN BETABUILDERS CANADA ETF	$11B	0.19%	Aug 7, 2018	0.82
NUMV	NUVEEN ESG MID-CAP VALUE ETF	$431M	0.31%	Dec 13, 2016	0.82
DIVB	ISHARES CORE DIVIDEND ETF	$1.40B	0.05%	Nov 7, 2017	0.82
KOCT	Innovator U.S. Small Cap Power Buffer ETF - October	$142M	0.79%	Sep 30, 2019	0.82