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 0.9738.

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	$2.19B	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	$40M	3.36%	Dec 27, 2006	0.97
HPI	John Hancock Preferred Income Fund	$410M	N/A	N/A	0.94
HPF	John Hancock Preferred Income Fund II	$328M	N/A	N/A	0.94
PFFA	VIRTUS INFRACAP U.S. PREFERRED STOCK ETF	$2.40B	2.11%	May 15, 2018	0.89
PFFL	ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25 2048	$4.50M	N/A	Sep 26, 2018	0.89
PFLD	AAM LOW DURATION PREFERRED AND INCOME SECURITIES ETF	$420M	0.45%	Nov 19, 2019	0.89
PFFR	INFRACAP REIT PREFERRED ETF	$115M	0.45%	Feb 7, 2017	0.89
YYY	AMPLIFY CEF HIGH INCOME ETF	$721M	3.23%	Jun 12, 2012	0.88
PCEF	INVESCO CEF INCOME COMPOSITE ETF	$831M	2.71%	Feb 19, 2010	0.88
FCEF	FIRST TRUST INCOME OPPORTUNITIES ETF	$79M	3.69%	Sep 27, 2016	0.88
HTD	John Hancock Tax- Advantaged Dividend Income	$942M	N/A	N/A	0.87
PFF	ISHARES PREFERRED AND INCOME SECURITIES ETF	$13B	0.45%	Mar 26, 2007	0.87
JRI	Nuveen Real Asset Income and Growth Fund	$486M	N/A	N/A	0.87
PCN	PIMCO Corporate & Income Strategy Fund	$870M	N/A	N/A	0.87
JPC	Nuveen Preferred & Income Opportunities Fund	$2.90B	N/A	N/A	0.86
NRO	Neuberger Berman Real Estate Securities Income Fund Inc	$212M	N/A	N/A	0.86
PFXF	VANECK PREFERRED SECURITIES EX FINANCIALS ETF	$2.60B	0.40%	Jul 16, 2012	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	$46M	0.50%	Jul 13, 2015	0.86
FLC	Flaherty & Crumrine Total Return Fund Inc	$195M	N/A	N/A	0.86
JHPI	JOHN HANCOCK PREFERRED INCOME ETF	$207M	0.54%	Dec 14, 2021	0.86
INKM	STATE STREET(R)INCOME ALLOCATION ETF	$72M	0.50%	Apr 25, 2012	0.85
FPF	First Trust Intermediate Duration Preferred & Income Fund	$1.20B	N/A	N/A	0.85
JRS	Nuveen Real Estate Income Fund.	$267M	N/A	N/A	0.85
PDT	John Hancock Premium Dividend Fund	$706M	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
FPE	FIRST TRUST PREFERRED SECURITIES AND INCOME ETF	$6.30B	0.83%	Feb 11, 2013	0.85
MDIV	MULTI-ASSET DIVERSIFIED INCOME INDEX FUND	$416M	0.71%	Aug 13, 2012	0.85
DFP	Flaherty & Crumrine Dynamic Preferred and Income Fund Inc	$461M	N/A	N/A	0.85
SCD	LMP Capital and Income Fund Inc	$396M	N/A	N/A	0.85
HYUP	XTRACKERS HIGH BETA HIGH YIELD BOND ETF	$46M	0.20%	Jan 11, 2018	0.84
EAD	Allspring Income Opportunities Fund	$426M	N/A	N/A	0.84
PFFD	GLOBAL X U.S. PREFERRED ETF	$2.20B	0.23%	Sep 11, 2017	0.84
BSJQ	INVESCO BULLETSHARES 2026 HIGH YIELD CORPORATE BOND ETF	$942M	0.43%	Aug 9, 2018	0.84
BLW	BlackRock Ltd Duration Income Trust	$518M	N/A	N/A	0.84
CEFS	SABA CLOSED-END FUNDS ETF	$427M	2.61%	Mar 20, 2017	0.84
GQRE	FLEXSHARES GLOBAL QUALITY REAL ESTATE INDEX FUND	$408M	0.45%	Nov 5, 2013	0.84
RFI	Cohen & Steers Total Return Realty Fund Inc	$316M	N/A	N/A	0.84
USHY	ISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF	$29B	0.08%	Oct 25, 2017	0.84
VLT	Invesco High Income Trust II	$71M	N/A	N/A	0.84
LDP	Cohen & Steers Ltd Duration Preferred and Income Fund Inc	$651M	N/A	N/A	0.84
AWF	AllianceBernstein Global High Income Fund Inc	$980M	N/A	N/A	0.84
REET	ISHARES GLOBAL REIT ETF	$4.90B	0.14%	Jul 8, 2014	0.84
SHYL	XTRACKERS SHORT DURATION HIGH YIELD BOND ETF	$266M	0.20%	Jan 9, 2018	0.84
ISD	PGIM High Yield Bond Fund Inc	$457M	N/A	N/A	0.84
RQI	Cohen & Steers Quality Income Realty Fund Inc	$1.80B	N/A	N/A	0.84
VRP	INVESCO VARIABLE RATE PREFERRED ETF	$3B	0.50%	May 1, 2014	0.84
HIO	Western Asset High Income Opportunity Fund Inc	$371M	N/A	N/A	0.84
HYDB	ISHARES HIGH YIELD SYSTEMATIC BOND ETF	$1.60B	0.35%	Jul 11, 2017	0.84
RWO	STATE STREET(R) SPDR(R) DOW JONES(R) GLOBAL REAL ESTATE ETF	$1.30B	0.50%	May 7, 2008	0.84
PGX	INVESCO PREFERRED ETF	$3.90B	0.50%	Jan 31, 2008	0.83
JGH	Nuveen Global High Income Fund	$386M	N/A	N/A	0.83
PFN	Pimco Income Strategy Fund II	$686M	N/A	N/A	0.83
FLHY	FRANKLIN HIGH YIELD CORPORATE ETF	$1.20B	0.40%	May 30, 2018	0.83
IYLD	ISHARES MORNINGSTAR MULTI-ASSET INCOME ETF	$126M	0.50%	Apr 3, 2012	0.83
YLD	PRINCIPAL ACTIVE HIGH YIELD ETF (FORMERLY PRINCIPAL ACTIVE INCOME ETF)	$573M	0.39%	Jul 8, 2015	0.83
FFC	Flaherty & Crumrine Preferred and Income Securities Fund Inc	$836M	N/A	N/A	0.83
IGR	CBRE Global Real Estate Income Fund	$692M	N/A	N/A	0.83
FPEI	FIRST TRUST INSTITUTIONAL PREFERRED SECURITIES AND INCOME ETF	$1.90B	0.85%	Aug 22, 2017	0.83
JPUS	JPMORGAN DIVERSIFIED RETURN U.S. EQUITY ETF	$456M	0.18%	Sep 29, 2015	0.83
EOD	Allspring Global Dividend Opportunity Fund	$302M	N/A	N/A	0.83
DHF	BNY Mellon High Yield Strategies Fund	$197M	N/A	N/A	0.83
SPFF	GLOBAL X SUPERINCOME PREFERRED ETF	$140M	0.48%	Jul 16, 2012	0.83
HYLB	XTRACKERS USD HIGH YIELD CORPORATE BOND ETF	$3.50B	0.05%	Dec 6, 2016	0.83
PREF	PRINCIPAL SPECTRUM PREFERRED SECURITIES ACTIVE ETF	$1.80B	0.55%	Jul 10, 2017	0.83
AUSF	GLOBAL X ADAPTIVE U.S. FACTOR ETF	$847M	0.27%	Aug 24, 2018	0.83
GSEW	GOLDMAN SACHS EQUAL WEIGHT U.S. LARGE CAP EQUITY ETF	$1.80B	0.09%	Sep 12, 2017	0.83
GDV	Gabelli Dividend & Income Trust	$2.90B	N/A	N/A	0.83
HOMZ	HOYA CAPITAL HOUSING ETF	$37M	0.30%	Mar 19, 2019	0.83
MFUS	PIMCO RAFI DYNAMIC MULTI-FACTOR U.S. EQUITY ETF	$290M	0.29%	Aug 31, 2017	0.83
EQL	ALPS EQUAL SECTOR WEIGHT ETF	$733M	0.19%	Jul 6, 2009	0.83
HIPS	GraniteShares HIPS US High Income ETF	$110M	1.17%	Jan 7, 2015	0.83
QLV	FLEXSHARES US QUALITY LOW VOLATILITY INDEX FUND	$159M	0.08%	Jul 15, 2019	0.83
SPHY	STATE STREET(R) SPDR(R) PORTFOLIO HIGH YIELD BOND ETF	$11B	0.05%	Jun 18, 2012	0.82
DTRE	FIRST TRUST ALERIAN DISRUPTIVE TECHNOLOGY REAL ESTATE ETF	$14M	0.60%	Aug 27, 2007	0.82
VFMV	VANGUARD U.S. MINIMUM VOLATILITY ETF ETF SHARES	$418M	0.13%	Feb 13, 2018	0.82
SHYG	ISHARES 0-5 YEAR HIGH YIELD CORPORATE BOND ETF	$7.60B	0.30%	Oct 15, 2013	0.82
EVT	Eaton Vance Tax Advantaged Dividend Income Fund	$2.30B	N/A	N/A	0.82
TY	Tri-Continental Corp	$2B	N/A	N/A	0.82
PFL	Pimco Income Strategy Fund	$381M	N/A	N/A	0.82
GAL	STATE STREET(R) GLOBAL ALLOCATION ETF	$303M	0.35%	Apr 25, 2012	0.82
AWP	abrdn Global Premier Properties Fund	$361M	N/A	N/A	0.82
TPLC	TIMOTHY PLAN US LARGE/MID CAP CORE ETF	$304M	0.52%	Apr 30, 2019	0.82
OUSM	ALPS \| O'SHARES U.S. SMALL-CAP QUALITY DIVIDEND ETF SHARES	$878M	0.48%	Dec 30, 2016	0.82
FFA	First Trust Enhanced Equity Income Fund	$493M	N/A	N/A	0.82
ETG	Eaton Vance Tax-Advantaged Global Dividend Income Fund	$2B	N/A	N/A	0.82
PPTY	U.S. DIVERSIFIED REAL ESTATE ETF	$26M	0.53%	Mar 26, 2018	0.82
RDOG	ALPS REIT DIVIDEND DOGS ETF	$11M	0.35%	May 7, 2008	0.82
BBCA	JPMORGAN BETABUILDERS CANADA ETF	$11B	0.19%	Aug 7, 2018	0.82
VALQ	AMERICAN CENTURY U.S. QUALITY VALUE ETF	$322M	0.29%	Jan 11, 2018	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	$263M	N/A	N/A	0.82
JNK	STATE STREET(R) SPDR(R) BLOOMBERG HIGH YIELD BOND ETF	$7.30B	0.40%	Nov 28, 2007	0.82
REVS	COLUMBIA RESEARCH ENHANCED VALUE ETF	$310M	0.19%	Sep 25, 2019	0.82