AMAX vs. HISF ETF Comparison

Comparison of RH Hedged Multi-Asset Income ETF (AMAX) to First Trust High Income Strategic Focus ETF (HISF)

AMAX

RH Hedged Multi-Asset Income ETF

AMAX Description

RH Hedged Multi-Asset Income ETF seeks total return through a combination of capital appreciation and current income. The Fund invests primarily in fixed income securities and the Fund may also invest in mortgage-related high-yield instruments rated below investment grade (commonly referred to as junk bonds) with up to 15% of the Fund's assets.

Grade (RS Rating)

Last Trade

$8.07

Average Daily Volume

8,251

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

HISF

First Trust High Income Strategic Focus ETF

HISF Description

First Trust High Income Strategic Focus ETF is an exchange traded fund launched and managed by First Trust Advisors L.P. It is co-managed by Energy Income Partners LLC, First Trust Global Portfolios Limited, Richard Bernstein Advisors LLC, and Stonebridge Advisors, LLC. The fund invests in the public equity and fixed income markets of countries across the globe. For its equity portion, it seeks to invest in stocks of companies operating across diversified sectors. The fund invests in dividend paying stocks of small-cap, mid-cap, and large-cap companies. It also invests in stocks of master limited partnerships. For its fixed income portion, the fund invests in high yield corporate bonds and first lien senior secured floating rate bank loans, mortgage-related investments, and international sovereign bonds with varying maturity. First Trust High Income Strategic Focus ETF was formed on August 13, 2014 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$45.07

Average Daily Volume

3,840

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	AMAX	HISF
30 Days	1.29%	-0.15%
60 Days	7.73%	1.09%
90 Days	2.41%	3.52%
12 Months	19.21%	11.47%

0 Overlapping Holdings

	Symbol	Grade	Weight in AMAX	Weight in HISF	Overlap

AMAX Overweight 6 Positions Relative to HISF

	Symbol	Grade	Weight
	TLT	D	23.54%
	QQQ	B	21.31%
	GLDI	A	21.11%
	SPY	A	20.57%
	IWM	B	4.68%
	USO	D	4.43%

AMAX Underweight 7 Positions Relative to HISF

	Symbol	Grade	Weight
	FIXD	D	-32.82%
	HYLS	B	-14.86%
	LMBS	D	-14.78%
	FSIG	B	-9.85%
	LGOV	D	-7.66%
	FTSL	A	-7.23%
	FEMB	C	-5.13%

AMAX: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Exchange Traded Funds Investment Management Stock Market Index Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Brent Crude Covered Call Credit Suisse Crude Oil Debt Securities ETN Energy Economics Exchange Traded Note Forward Contract Gold As An Investment Gold Investments Government Bonds

HISF: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Debt Securities Mortgage Backed Security Structured Finance Advisorshares Asset Backed Security Bank Loans Banking Bear Market ETF Betashares Bond Bond Market Index Commercial Mortgage Currency Debt Distressed Securities Exchange Traded Funds Financial Market Government Bonds