Overview Performance Dividends Industry Correlations

23 Stock and 77 ETF Merchants Bancorp Depositary Shares 6.00 Fixed Rate Series C NonCumulative Perpetual Preferred Stock (MBINN) alternatives

The most close Merchants Bancorp Depositary Shares 6.00 Fixed Rate Series C NonCumulative Perpetual Preferred Stock (MBINN) alternative is ETF GPRF (GOLDMAN SACHS ACCESS U.S. PREFERRED STOCK AND HYBRID SECURITIES ETF). The correlation is 0.873.

Stocks that highly correlated with MBINN

Symbol	Name	Market cap	Sector	Industry	Correlation
ATHS	Athene Holding Ltd	$5.15B	None	None	0.80
TCBIO	Texas Capital Bancshares Inc	$840M	Financial Services	Banks - Regional	0.79
HBANP	Huntington Bancshares Inc	$26B	Financial Services	Banks - Regional	0.78
AVR	Anteris Technologies Global Corp	$89M	Healthcare	Medical Instruments & Supplies	0.77
FCNCO	First Citizens Bancshares Inc (NC)	$289M	Financial Services	Banks - Regional	0.76
KKRS	KKR Group Finance Co. IX LLC	$16B	None	None	0.75
HWCPZ	Hancock Whitney Corp	$1.95B	N/A	N/A	0.73
HBANM	Huntington Bancshares Inc	$34B	Financial Services	Banks - Regional	0.73
ADAMN	Adamas Trust Inc	$2.07B	None	None	0.73
KMPB	Kemper Corporation	$1.52B	None	None	0.73
ASBA	Associated Banc-Corp	$3.68B	None	None	0.73
BHFAN	Brighthouse Financial Inc	N/A	Financial Services	Insurance - Life	0.73
OZKAP	Bank OZK	$1.88B	Financial Services	Banks - Regional	0.73
MGRB	Affiliated Managers Group Inc	$571M	None	None	0.73
DCOMP	Dime Community Bancshares Inc	$809M	Financial Services	Banks - Regional	0.72
APOS	Apollo Global Management Inc	$16B	None	None	0.72
WCT	Wellchange Holdings Co. Ltd	$4.98M	Technology	Software - Application	0.71
BHFAM	Brighthouse Financial Inc	N/A	Financial Services	Insurance - Life	0.71
BPYPN	Brookfield Property Partners L.P.	$4.89B	Real Estate	Real Estate Services	0.71
GOODO	Gladstone Commercial Corp	$914M	Real Estate	Residential & Commercial Reits	0.71
WAFDP	WaFd Inc	$1.29B	Financial Services	Banks - Regional	0.71
ADAMZ	Adamas Trust Inc	$1.74B	None	None	0.70
BPYPO	Brookfield Property Partners L.P.	$5.32B	Real Estate	Real Estate Services	0.70

ETFs that highly correlated with MBINN

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
GPRF	GOLDMAN SACHS ACCESS U.S. PREFERRED STOCK AND HYBRID SECURITIES ETF	$121M	0.45%	Jul 30, 2024	0.87
TAPR	Barclays Bank PLC	$10M	0.79%	Mar 31, 2025	0.87
DMX	DOUBLELINE MULTI-SECTOR INCOME ETF	$54M	0.49%	Nov 29, 2024	0.86
SPFF	GLOBAL X SUPERINCOME PREFERRED ETF	$158M	0.48%	Jul 16, 2012	0.86
PIEQ	PRINCIPAL INTERNATIONAL EQUITY ETF	$867M	0.48%	Nov 5, 2024	0.85
PCLO	VIRTUS SEIX AAA Private Credit CLO ETF	$18M	0.29%	Dec 2, 2024	0.84
AINP	Allspring Income Plus ETF	$206M	0.35%	Dec 4, 2024	0.83
PFFV	GLOBAL X VARIABLE RATE PREFERRED ETF	$314M	0.25%	Jun 22, 2020	0.83
PFFD	GLOBAL X U.S. PREFERRED ETF	$2.40B	0.23%	Sep 11, 2017	0.83
PFLD	AAM LOW DURATION PREFERRED AND INCOME SECURITIES ETF	$493M	0.45%	Nov 19, 2019	0.83
MFSV	MFS ACTIVE VALUE ETF	$106M	0.44%	Dec 4, 2024	0.83
PFFL	ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25 2048	$6.60M	N/A	Sep 26, 2018	0.82
BGIG	BAHL & GAYNOR INCOME GROWTH ETF	$317M	0.45%	Sep 14, 2023	0.82
OAKM	Oakmark U.S. Large Cap ETF	$697M	0.59%	Dec 3, 2024	0.82
HPI	John Hancock Preferred Income Fund	$438M	N/A	N/A	0.82
PFF	ISHARES PREFERRED AND INCOME SECURITIES ETF	$15B	0.45%	Mar 26, 2007	0.82
PGX	INVESCO PREFERRED ETF	$3.90B	0.51%	Jan 31, 2008	0.81
PFFA	VIRTUS INFRACAP U.S. PREFERRED STOCK ETF	$1.80B	2.48%	May 15, 2018	0.81
HYBX	TCW High Yield Bond ETF	$40M	0.50%	Feb 26, 1993	0.81
BEEX	The Beehive ETF	$183M	0.84%	Sep 2, 2008	0.81
PCMM	BondBloxx Private Credit CLO ETF	$169M	0.68%	Dec 2, 2024	0.81
JHPI	JOHN HANCOCK PREFERRED INCOME ETF	$118M	0.54%	Dec 14, 2021	0.81
PGF	INVESCO FINANCIAL PREFERRED ETF	$798M	0.55%	Dec 1, 2006	0.80
MFSM	MFS ACTIVE INTERMEDIATE MUNI BOND ETF	$48M	0.34%	Dec 4, 2024	0.80
SPDG	SPDR PORTFOLIO S&P SECTOR NEUTRAL DIVIDEND ETF	$11M	0.05%	Sep 11, 2023	0.79
EPRF	Innovator S&P Investment Grade Preferred ETF	$86M	0.47%	May 23, 2016	0.79
PSK	SPDR(R) ICE PREFERRED SECURITIES ETF	$823M	0.45%	Sep 16, 2009	0.79
PFO	Flaherty & Crumrine Preferred and Income Opportunity Fund Inc	$136M	N/A	N/A	0.79
BKDV	BNY Mellon Dynamic Value ETF	$474M	0.60%	Nov 1, 2024	0.79
HPF	John Hancock Preferred Income Fund II	$351M	N/A	N/A	0.79
PFFR	INFRACAP REIT PREFERRED ETF	$106M	0.45%	Feb 7, 2017	0.79
HYSA	BONDBLOXX USD HIGH YIELD BOND SECTOR ROTATION ETF	$31M	0.55%	Sep 18, 2023	0.79
DUKH	Ocean Park High Income ETF	$7.10M	1.07%	Jul 10, 2024	0.78
CORO	iShares International Country Rotation Active ETF	$13M	0.55%	Dec 3, 2024	0.78
NBTR	NEUBERGER BERMAN TOTAL RETURN BOND ETF	$52M	0.37%	Dec 17, 2024	0.78
DFP	Flaherty & Crumrine Dynamic Preferred and Income Fund Inc	$470M	N/A	N/A	0.78
DUKX	Ocean Park International ETF	$2.80M	0.99%	Jul 10, 2024	0.76
LYLD	CAMBRIA LARGECAP SHAREHOLDER YIELD ETF	$5.50M	0.59%	Jul 11, 2024	0.76
FIRI	FIRE Funds Income Target ETF	$1.90M	0.70%	Nov 18, 2024	0.76
HPS	John Hancock Preferred Income Fund III	$470M	N/A	N/A	0.76
PFXF	VANECK PREFERRED SECURITIES EX FINANCIALS ETF	$1.90B	0.40%	Jul 16, 2012	0.75
SCYB	SCHWAB HIGH YIELD BOND ETF	$1.70B	0.03%	Jul 10, 2023	0.75
FFC	Flaherty & Crumrine Preferred and Income Securities Fund Inc	$853M	N/A	N/A	0.75
PRFD	PIMCO PREFERRED AND CAPITAL SECURITIES ACTIVE EXCHANGE-TRADED FUND	$197M	0.74%	Jan 18, 2023	0.75
NRO	Neuberger Berman Real Estate Securities Income Fund Inc	$214M	N/A	N/A	0.75
FPE	FIRST TRUST PREFERRED SECURITIES AND INCOME ETF	$6.20B	0.85%	Feb 11, 2013	0.74
PQDI	PRINCIPAL SPECTRUM TAX-ADVANTAGED DIVIDEND ACTIVE ETF	$60M	0.60%	Jun 16, 2020	0.74
BIDD	BlackRock International Dividend ETF	$670M	0.60%	Sep 26, 1997	0.74
PRVS	PARNASSUS VALUE SELECT ETF	$8.50M	0.59%	Dec 11, 2024	0.74
JPC	Nuveen Preferred & Income Opportunities Fund	$3B	N/A	N/A	0.74
FLC	Flaherty & Crumrine Total Return Fund Inc	$199M	N/A	N/A	0.74
EVUS	ISHARES ESG AWARE MSCI USA VALUE ETF	$146M	0.18%	Jan 31, 2023	0.73
FPF	First Trust Intermediate Duration Preferred & Income Fund	$1.20B	N/A	N/A	0.73
STXV	STRIVE 1000 VALUE ETF	$68M	0.18%	Nov 9, 2022	0.73
VRP	INVESCO VARIABLE RATE PREFERRED ETF	$2.30B	0.50%	May 1, 2014	0.72
FPFD	FIDELITY PREFERRED SECURITIES & INCOME ETF	$70M	0.60%	Jun 15, 2021	0.72
ICAP	INFRACAP EQUITY INCOME FUND ETF	$68M	3.19%	Dec 28, 2021	0.72
VEMY	VIRTUS STONE HARBOR EMERGING MARKETS HIGH YIELD BOND ETF	$15M	0.55%	Dec 12, 2022	0.72
SLNZ	TCW Senior Loan ETF	$306M	0.65%	Jun 28, 2013	0.72
BSJV	Invesco BulletShares 2031 High Yield Corporate Bond ETF	$48M	0.42%	Sep 20, 2023	0.72
MFSI	MFS ACTIVE INTERNATIONAL ETF	$488M	0.59%	Dec 4, 2024	0.72
LDP	Cohen & Steers Ltd Duration Preferred and Income Fund Inc	$656M	N/A	N/A	0.72
NPFI	NUVEEN PREFERRED AND INCOME ETF	$64M	0.55%	Mar 5, 2024	0.71
INCM	Franklin Income Focus ETF	$859M	0.38%	Jun 6, 2023	0.71
ITDB	ISHARES LIFEPATH TARGET DATE 2030 ETF	$36M	0.10%	Oct 17, 2023	0.71
TJUL	Innovator Equity Defined Protection ETF - 2 Yr to July 2025	$169M	0.79%	Jul 17, 2023	0.71
BHYB	XTRACKERS USD HIGH YIELD BB-B EX FINANCIALS ETF	$1.10B	0.20%	Oct 26, 2023	0.71
HIYS	Invesco High Yield Select ETF	$8M	0.48%	Dec 9, 2022	0.71
SNPV	XTRACKERS S&P 500 VALUE ESG ETF	$7.40M	0.15%	Nov 8, 2022	0.71
FXED	SOUND ENHANCED FIXED INCOME ETF	$45M	2.51%	Dec 30, 2020	0.71
KNOV	Innovator U.S. Small Cap Power Buffer ETF November	$19M	0.79%	Oct 31, 2024	0.71
KDEC	Innovator U.S. Small Cap Power Buffer ETF December	$66M	0.79%	Nov 29, 2024	0.71
ITDC	ISHARES LIFEPATH TARGET DATE 2035 ETF	$58M	0.10%	Oct 17, 2023	0.71
IRTR	ISHARES LIFEPATH RETIREMENT ETF	$29M	0.08%	Oct 17, 2023	0.70
PSF	Cohen & Steers Select Preferred and Income Fund Inc	$267M	N/A	N/A	0.70
HYFI	AB HIGH YIELD ETF	$272M	0.40%	Jul 26, 2016	0.70
RIET	HOYA CAPITAL HIGH DIVIDEND YIELD ETF	$95M	0.50%	Sep 21, 2021	0.70