BUFR vs. INKM ETF Comparison

Comparison of First Trust CBOE Vest Fund of Buffer ETFs (BUFR) to SPDR SSgA Income Allocation ETF (INKM)

BUFR

First Trust CBOE Vest Fund of Buffer ETFs

BUFR Description

The investment seeks to provide investors with capital appreciation. The fund seeks to achieve its investment objective by providing investors with U.S. large-cap equity market exposure while limiting downside risk through a laddered portfolio of four FT Cboe Vest U.S. Equity Buffer ETFs. Under normal market conditions, it will invest substantially all of its assets in the Underlying ETFs, which seek to provide investors with returns that match the price return of the SPDR S&P 500 ETF Trust (SPY), up to a predetermined upside cap, while providing a buffer against the first 10% of SPY losses, over a defined one-year period. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.50

Average Daily Volume

958,283

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

INKM

SPDR SSgA Income Allocation ETF

INKM Description

The investment seeks to provide total return by focusing on investments in income and yield-generating assets. The fund invests substantially all of its assets in the SSgA Income Allocation Portfolio, a separate series of the SSgA Master Trust with an identical investment objective as the fund. As a result, the fund invests indirectly through the Portfolio. It invests the assets of the Portfolio among ETPs that provide exposure to four primary asset classes: (i) domestic and international equity securities; (ii) domestic and international investment grade and high yield debt securities; (iii) hybrid equity/debt securities; and (iv) REITs.

Grade (RS Rating)

Last Trade

$32.50

Average Daily Volume

19,104

Number of Holdings ^*

14

* may have additional holdings in another (foreign) market

Performance

Period	BUFR	INKM
30 Days	1.63%	0.63%
60 Days	2.42%	-0.86%
90 Days	3.50%	1.01%
12 Months	18.72%	15.10%

0 Overlapping Holdings

	Symbol	Grade	Weight in BUFR	Weight in INKM	Overlap

BUFR Overweight 10 Positions Relative to INKM

	Symbol	Grade	Weight
	FNOV	A	8.37%
	FMAR	A	8.36%
	FMAY	A	8.36%
	FJUN	A	8.35%
	FAUG	A	8.35%
	FAPR	A	8.35%
	FJAN	A	8.35%
	FDEC	A	8.35%
	FFEB	A	8.34%
	FJUL	A	8.33%

BUFR Underweight 14 Positions Relative to INKM

	Symbol	Grade	Weight
	SPYD	A	-9.0%
	SCHD	A	-8.94%
	GII	A	-8.06%
	BIL	A	-7.05%
	EBND	F	-6.04%
	SRLN	A	-6.04%
	EMHC	C	-5.97%
	PSK	D	-5.95%
	CWB	A	-3.99%
	TIPX	C	-3.02%
	IBND	F	-2.99%
	RWR	B	-1.99%
	REM	C	-1.97%
	DWX	D	-1.5%

BUFR: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Funds Investor SPDR Spdr S&P 500 Trust Etf S&P Global

INKM: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Index Fund Bond Real Estate Investment Trust Bond Market Indices Dividend Bond Market Dividend Yield Management Cybernetics Preferred Stock State Street Global Advisors Stock Fund Barclays Blackstone Bloomberg Barclays Us Aggregate Bond Index Bloomberg L.P. Bond Market Index Collateralized Debt Obligation Convertible Bond