GlobeNewswire Inc.T3·11mo ago
MDIV First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
ETF 15.95 DelayedETF quote, holdings, sector allocation, technicals, and options analytics. Expected move IV rank history Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
MDIV
$15.95
—
Key stats
$15.95
- 52-Week Range
- $15.52 – $17.02
- YTD
- +1.08%
- IV Rank (30D)
- 53.97
- Straddle Price
- $1.05
- P/C Vol Ratio
- 0.00
- Open
- $16.04
- Day Range
- $15.92 – $16.05
- Volume
- 37,654
- Prev Close
- $16.07
About
First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund (MDIV) ETF
No description available.
- Exchange
- XNAS
- Inception
- 2012-08-13
- Has Options
- Yes
Fund profile
holdings as of Oct 19, 2026issuer datathrough Jun 2026flows, SEC filings
- Expense ratio
- 0.71% prospectus, filed Jan 28, 2026
- Assets
- $410M issuer-reported, Oct 19, 2026
- Trailing yield
- 7.19% paid monthly
- Average daily volume
- $934K 30 sessions
- Holdings
- 124 top 10 are 32.6%
- Listed
- Aug 13, 2012 Nasdaq
- Last fee change
- -4 bp filed Jan 28, 2026
- Net asset value
- $15.92 issuer, Oct 19, 2026
- 30-day SEC yield
- 7.63% issuer, Sep 30, 2026
Cost45
Liquidity32
Scale60
Diversification47
Moves with. US large-cap stocks (17% of its variance, beta 0.30); Value over growth (15% of its variance, beta 0.27); Long Treasuries (7% of its variance, beta 0.17); Small caps over large (4% of its variance, beta 0.07). These factors explain 50% of its daily moves over the last year.
Stated objective. The Multi-Asset Diversified Income Index Fund (the Fund ) seeks investment results that correspond generally to the price and yield (before the Funds fees and expenses) of an index called the Nasdaq US Multi-Asset Diversified Income TM Index (the Index ). (from the fund's prospectus)
All 124 holdingsFlow historySimilar fundsOverlap toolAll Allocation ETFs
Fund flows
through Jun 2026SEC filings- Jun 2026
- +$5.0M latest reported month
- Latest 3 months
- +$13M +3.2% of assets
- Latest 12 months
- −$47M −11.2% of assets
View as a table
| Month | Net flow |
|---|---|
| Jun 2026 | +$5.0M |
| May 2026 | −$830K |
| Apr 2026 | +$9.1M |
| Mar 2026 | −$6.5M |
| Feb 2026 | −$1.7M |
| Jan 2026 | −$3.2M |
| Dec 2025 | −$11M |
| Nov 2025 | −$1.5M |
| Oct 2025 | −$14M |
| Sep 2025 | −$52K |
| Aug 2025 | −$1.6M |
| Jul 2025 | −$20M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 84 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| NDIVAmplify Energy & Natural Resources Covered Call ETF | 15% | 0.59% | $34M | +28.5% | compare |
| SPYDState Street SPDR Portfolio S&P 500 High Dividend ETF | 14% | 0.07% | $7.3B | +9.8% | compare |
| VRAIVirtus Real Asset Income ETF | 14% | 0.55% | $18M | +21.4% | compare |
| LVHDFranklin U.S. Low Volatility High Dividend Index ETF | 14% | 0.27% | $620M | +6.8% | compare |
| GYLDArrow Dow Jones Global Yield ETF | 14% | 0.75% | $38M | −0.4% | compare |
Ranked by how much of the two portfolios is the same securities.
Look-through: what the holdings say
weights as of Oct 19, 2026issuer data- Holdings vs fair value
- +25.9% 69% under, 11% over · 57% covered
- Price / earnings
- 14.6 6% loss-making · 56% covered
- Price / book · sales
- 1.6 · 1.1 revenue growth +10.6%
- Above 200-day average
- 42% 36% above 50-day · by weight
- Insider buying
- 13% of weight had net insider buying, 90 days; 20% net selling
- 13F holders
- −5.5% change in shares held by institutions, latest quarter
- Reporting earnings
- 17.9% of weight in 7 days; 38.8% in 14
Holdings reporting in the next 14 days · weighted implied move this week 1.43%
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
What changed in the portfolio
Mar 31, 2026 → Jun 30, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| New position | PMTPENNYMAC MORTGAGE INVESTMENT TRUST | — | 1.67% | — |
| New position | MFAMFA FINANCIAL INC | — | 1.60% | — |
| Exit | ARRARMOUR Residential REIT, Inc. | 1.53% | — | — |
| Exit | CIMChimera Investment Corporation | 1.29% | — | — |
| Exit | Chimera Investment Corporation | 1.02% | — | — |
| New position | AGNC INVESTMENT CORP | — | 0.90% | — |
| Exit | AATAMERICAN ASSETS TRUST INC | 0.83% | — | — |
| Exit | WUThe Western Union Company | 0.78% | — | — |
| Exit | F&G ANNUITIES & LIFE INC | 0.77% | — | — |
| New position | BANCPFBANC OF CALIFORNIA INC | — | 0.74% | — |
0 new, 0 exited, 0 increased and 0 decreased between the fund's two latest holdings reports; turnover 0.5%. Full holdings and history
ETF Profile
holdings as of 2026-10-20
Holdings
124
AUM
$413.6M
Provider
First Trust
Inception
2012-08-13
Exchange
XNAS
Data As Of
2026-10-20
Expense Ratio
0.71%
Dividend Yield
7.29%
Distribution
Monthly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-10-21 | 2026-10-30 | $0.0772 | CD |
| 2026-09-24 | 2026-09-30 | $0.0960 | CD |
| 2026-08-21 | 2026-08-31 | $0.1150 | CD |
| 2026-07-21 | 2026-07-31 | $0.0684 | CD |
| 2026-06-25 | 2026-06-30 | $0.1588 | CD |
| 2026-05-21 | 2026-05-29 | $0.1321 | CD |
Asset Allocation
Top Holdings
top 50 of 124 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| HYLS | First Trust Tactical High Yield ETF | 20.36% | Equity (US) | — |
| IEP | Icahn Enterprises, L.P. | 1.58% | Equity (US) | US |
| MNR | Mach Natural Resources LP | 1.40% | Equity (US) | US |
| AGNC | AGNC Investment Corp. | 1.37% | Equity (US) | US |
| KRP | Kimbell Royalty Partners LP | 1.37% | Equity (US) | US |
| NLY | Annaly Capital Management, Inc. | 1.34% | Equity (US) | US |
| ARR | ARMOUR Residential REIT, Inc. | 1.31% | Equity (US) | US |
| TXO | TXO Partners, L.P. | 1.28% | Equity (US) | US |
| — | Rithm Capital Corp., Series B, Variable Rate | 1.26% | Equity (US) | — |
| RITM | Rithm Capital Corp. | 1.23% | Equity (US) | US |
| DMLP | Dorchester Minerals, L.P. | 1.19% | Equity (US) | US |
| ARLP | Alliance Resource Partners, L.P. | 1.08% | Equity (US) | US |
| WES | Western Midstream Partners LP | 1.08% | Equity (US) | US |
| CAPL | CrossAmerica Partners LP | 1.07% | Equity (US) | US |
| — | Citigroup Capital XIII, Variable Rate, due 10/30/2040 | 1.02% | Equity (US) | — |
| BSM | Black Stone Minerals, L.P. | 0.96% | Equity (US) | US |
| DKL | Delek Logistics Partners LP | 0.93% | Equity (US) | US |
| GLPI | Gaming and Leisure Properties, Inc. | 0.93% | Equity (US) | US |
| APLE | Apple Hospitality REIT, Inc. | 0.92% | Equity (US) | US |
| AGNCN | AGNC Investment Corp., Series C, 7.000%, Variable Rate | 0.90% | Equity (US) | US |
| AGNCO | AGNC Investment Corp., Series E, 6.500% Variable Rate | 0.90% | Equity (US) | US |
| — | Rithm Capital Corp., Series D, Variable Rate | 0.90% | Equity (US) | — |
| USAC | USA Compression Partners LP | 0.90% | Equity (US) | US |
| AGNCP | AGNC Investment Corp., Series F, 6.125% Variable Rate | 0.89% | Equity (US) | — |
| — | Annaly Capital Management, Inc., Series F, 6.950%, Variable Rate | 0.89% | Equity (US) | — |
| VICI | VICI Properties Inc. | 0.88% | Equity (US) | US |
| — | Lincoln National Corporation, Series D, 9.000% | 0.85% | Equity (US) | US |
| MPLX | MPLX LP | 0.85% | Equity (US) | US |
| — | Annaly Capital Management, Inc., Series G, 6.500% Variable Rate | 0.84% | Equity (US) | — |
| — | Synchrony Financial, Series B Variable Rate | 0.81% | Equity (US) | — |
| AQNB | Algonquin Power & Utilities Corp., Series 19-A, 6.200%, Variable Rate, Due 07/01/2079 | 0.80% | Equity (Foreign) | CA |
| — | Fifth Third Bancorp, Series I, 6.625%, Variable Rate | 0.80% | Equity (US) | — |
| — | American National Group Inc., Series D, 7.375% | 0.79% | Equity (US) | — |
| — | Jackson Financial Inc., 8.000%, Variable Rate | 0.79% | Equity (US) | — |
| — | Banc of California, Inc., Series F, 7.75% Variable Rate | 0.78% | Equity (US) | — |
| EPR | EPR Properties | 0.78% | Equity (US) | US |
| PAA | Plains All American Pipeline, L.P. | 0.78% | Equity (US) | US |
| CHSCO | CHS Inc., Series 1, 7.875% | 0.77% | Equity (US) | US |
| FCPT | Four Corners Property Trust, Inc. | 0.77% | Equity (US) | US |
| OHI | Omega Healthcare Investors, Inc. | 0.75% | Equity (US) | US |
| APOS | Apollo Global Management, Inc., 7.625%, Variable Rate, Due 09/15/2053 | 0.74% | Equity (US) | US |
| — | The Allstate Corporation, 5.100%, Variable Rate, Due 01/15/2053 | 0.74% | Equity (US) | — |
| CHSCL | CHS Inc., Series 4, 7.500% | 0.73% | Equity (US) | US |
| ET | Energy Transfer LP | 0.72% | Equity (US) | US |
| GLP | Global Partners LP | 0.72% | Equity (US) | US |
| PFE | Pfizer Inc. | 0.72% | Equity (US) | US |
| PAGP | Plains GP Holdings, L.P. (Class A) | 0.72% | Equity (US) | US |
| CUBE | CubeSmart | 0.71% | Equity (US) | US |
| ATHS | Athene Holding Ltd., 7.250% Variable Rate, Due 03/30/2064 | 0.70% | Equity (US) | — |
| — | Morgan Stanley, Series E, 7.125%, Variable Rate | 0.70% | Equity (US) | — |
Geographic Breakdown
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 1.55% | -0.04% | 6.68% | -1.46% | 1.30% | 2.86% | 1.82% |
| Feb | 1.52% | -1.70% | -4.10% | -0.45% | 0.91% | 2.17% | -0.27% |
| Mar | 2.87% | 1.93% | -4.62% | 1.22% | -0.95% | -3.06% | -0.44% |
| Apr | 2.57% | -3.65% | -0.07% | -1.28% | -3.90% | 3.29% | -0.51% |
| May | 0.18% | 3.66% | -3.55% | 0.70% | 0.64% | -0.80% | 0.14% |
| Jun | 0.06% | -9.27% | 2.54% | -0.45% | -0.13% | 0.21% | -1.17% |
| Jul | -1.58% | 6.84% | 4.59% | 3.89% | 0.13% | 1.59% | 2.58% |
| Aug | -0.30% | -3.39% | -2.17% | 0.98% | 2.48% | -0.62% | -0.50% |
| Sep | -1.56% | -8.20% | -2.64% | 1.34% | -0.71% | -5.18% | -2.82% |
| Oct | 2.00% | 4.23% | -0.97% | -1.86% | -2.98% | 1.37%* | 0.30% |
| Nov | -4.28% | 2.08% | 5.20% | 3.86% | 1.83% | -- | 1.74% |
| Dec | 3.79% | -4.41% | 2.15% | -4.27% | -0.73% | -- | -0.69% |
| Total | 6.73% | -12.53% | 2.24% | 1.94% | -2.28% | 1.51% | -0.40% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $15.92
SMA 50: $16.38
SMA 200: $16.47
Current: $15.95
EMA 12: $15.97
EMA 26: $16.07
MACD: -0.1029 | Signal: 0.0421
BEARISH
ADX (14): 35.84
TREND
+DI: 17.48
−DI: 29.50
Momentum Oscillators
RSI (14): 44.38
NEUTRAL
Stoch %K: 67.51
Stoch %D: 73.66
Williams %R: -39.29
Volume & Volatility
BB Upper: $16.10
BB Lower: $15.73
NEUTRAL
OBV: 1,471,965
Vol SMA 20: 58,068
Vol ROC: -47.26%
ATR: $0.14
True Range: $0.15
HV 20: 11.3%
HV 30: 9.9%
HV 60: 7.5%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
Key Drivers: Low volatility, range-bound price action, and neutral news sentiment.
Primary Risks: Limited catalysts for significant price moves; high IV premium vs HV30 may lead to potential mean reversion.
Investment Thesis:
MDIV is currently trading within a range, reflecting its low volatility characteristic. The ETF's beta is 0.17, indicating it tends to move less than the broader market. Recent news headlines have been neutral, primarily focusing on distribution announcements and lack of significant market-moving events. Our analysis suggests that MDIV may continue to trade sideways until a catalyst emerges, potentially breaking out or down from its current range.
Recent News Sentiment Impact:
The recent news headlines are primarily neutral, with no material market-moving events or earnings releases impacting the stock's price action.
Technical Analysis
Trend Direction: Short-term (1-4 weeks): NEUTRAL; Medium-term (1-3 months): RANGE-BOUND; Long-term (3-12 months): UPTRENDING
Support/Resistance Levels:
- Upper Bollinger Band: $16.96
- Middle Bollinger Band: $16.82
- Lower Bollinger Band: $16.68
Momentum Signals:
- RSI Interpretation: 46.70 (NEUTRAL)
- MACD Signal: Bullish crossover above signal line (-0.01 / -0.02 / 0.01)
News & Sentiment Analysis
Recent Headlines Summary: Neutral news headlines focused on distribution announcements, with no material market-moving events or earnings releases.
Sentiment Assessment: NEUTRAL
Catalyst Identification: No significant catalysts identified in the recent news headlines.
Market Narrative: The ETF's price action is currently driven by its low volatility characteristic and range-bound trading.
Risk & Volatility Assessment
Beta Interpretation: 0.17 (Low volatility - stock moves less than market)
Volatility Regime: Current vs historical volatility levels: LOW VOlATILITY
Options Market Signals:
- IV Rank: 9.2% (LOW)
- Put/Call Volume Ratio: 0.00 (NEUTRAL sentiment)
Market Context & Positioning
Sector Performance: Relative strength within the sector/market.
Institutional Activity: Limited institutional interest, with no significant buying or selling pressure observed.
Correlation Analysis: MDIV's correlation with the market is low (R-squared interpretation: 0.33).
Relative Valuation: The ETF is currently trading within its historical range, reflecting its neutral sentiment and lack of significant catalysts.
Key Levels & Action Items
- Critical Price Levels:
- Upper Bollinger Band: $16.96
- Middle Bollinger Band: $16.82
- Lower Bollinger Band: $16.68
- Breakout/Breakdown Levels: No clear levels identified due to the ETF's range-bound trading.
- Time-Sensitive Catalysts: None identified in recent news headlines or market trends.
- Risk Management: Consider positioning for mean reversion opportunities if IV premium vs HV30 remains high, potentially leading to increased volatility.
Please note that this analysis is based on the provided data and should not be considered as personalized investment advice.
Generated
News
All MDIV news →
GlobeNewswire Inc.T3·12mo ago
GlobeNewswire Inc.T3·30mo ago
GlobeNewswire Inc.T3·36mo ago
GlobeNewswire Inc.T3·39mo ago
GlobeNewswire Inc.T3·42mo ago
GlobeNewswire Inc.T3·45mo ago
GlobeNewswire Inc.T3·48mo ago
GlobeNewswire Inc.T3·52mo ago
Zacks Investment ResearchT3·53mo ago
Showing 1–10 of 12
Page 1 of 2
MDIV Options Activity & IV Rank
MDIV IV rank history, 52-week IV rank and IV percentile →
Volatility Metrics
Current IV: 23.6%
7-DTE IV: —
Expected Move: $1.05
7-DTE Move: $1.05
Days to Exp: 30 (2026-11-20)
Options Flow
Call Volume: 6
Put Volume: 0
P/C Volume: —
BULLISH
Call OI: 12
Put OI: 0
P/C OI: —
Total OI: 12
ATM Options Pricing
ATM Call: $0.60
ATM Put: $0.45
Call %: 3.8%
Put %: 2.8%
Chain Summary
Chain Volume: 10
Chain OI: 16
Last Updated: 10/21/2026
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
as of Oct 21 · No data
30 DTE / 10d
—
—
pts
EXTREME
as of Oct 21 · ATM 43.0% / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)54.0MediumOct 21
Straddle Price (30 DTE)$1.05Oct 21
Beta Analysis
Risk Metrics
Beta: 0.1546
Alpha: -0.74%
Correlation: 0.2807
R-Squared: 7.9%
Stock Volatility: 7.0%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
MDIV Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
Short Interest & Float
Regulatory short-interest reports publish on a bi-weekly settlement cadence; short-volume is reported daily by the trade-reporting facilities. Float is derived from insider-ownership filings.
Metric definitions
- Short Interest — total shares currently sold short as of the settlement date. Lags real time by ~8 business days.
- SI % of Float — short interest / free float. The key crowding metric.
- Days to Cover — short interest / avg daily volume. How many full trading days it would take shorts to buy back. High DTC + catalyst = squeeze fuel.
- Short Vol Ratio — today's short-sale volume / total volume. Intraday selling pressure proxy (not the same as short interest).
- Free Float — shares available for public trading (total shares minus insider / restricted).
- Float % — free float / shares outstanding. <50% = tightly held, more prone to squeezes.
How to read the signals
- SI % of Float < 5% — typical, no particular signal.
- 5–15% — elevated; watch for catalysts (earnings, guidance, macro).
- 15–30% — heavily shorted; tight-float names in this range have produced notable squeezes historically.
- >30% — extreme; borrow is likely expensive and squeeze risk is material.
- Days to Cover > 5 combined with high SI% amplifies squeeze potential.
History chart
- Trend matters more than level. Rapidly rising short interest often precedes negative catalysts or heavy hedging.
- A sudden drop in SI after a rally may indicate a squeeze in progress.
Short interest is reported mid-month and end-of-month; short volume is daily.
Short Interest
3.38K
SI % of Float
0.01%
Days to Cover
1.00
Short Vol Ratio
36.7%
Free Float
—
Float %
—
Short interest 2026-09-30 • Short volume 2026-10-21
Constituent Performance
Click any bar to view the full quote for that stock.
Constituents
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|