HISF vs. IAI ETF Comparison
Comparison of First Trust High Income Strategic Focus ETF (HISF) to iShares U.S. Broker-Dealers ETF (IAI)
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
$44.08
Average Daily Volume
4,804
7
IAI
iShares U.S. Broker-Dealers ETF
IAI Description
The investment seeks to track the investment results of an index composed of U.S. equities in the investment services sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the index. It seeks to track the investment results of the Dow Jones U.S. Select Investment Services Index (the "underlying index"), which measures the performance of the investment services sector of the U.S. equity market. The fund is non-diversified.Grade (RS Rating)
Last Trade
$150.77
Average Daily Volume
101,301
32
Performance
Period | HISF | IAI |
---|---|---|
30 Days | -1.14% | 10.55% |
60 Days | -2.93% | 18.10% |
90 Days | -1.73% | 19.69% |
12 Months | 6.49% | 57.52% |
0 Overlapping Holdings
Symbol | Grade | Weight in HISF | Weight in IAI | Overlap |
---|
HISF Underweight 32 Positions Relative to IAI
Symbol | Grade | Weight | |
---|---|---|---|
GS | A | -14.35% | |
MS | A | -12.73% | |
SPGI | C | -12.62% | |
COIN | C | -6.64% | |
SCHW | B | -4.88% | |
MSCI | C | -4.03% | |
NDAQ | A | -3.87% | |
CME | B | -3.82% | |
MCO | B | -3.78% | |
ICE | C | -3.67% | |
RJF | A | -3.56% | |
LPLA | A | -2.81% | |
HOOD | B | -2.74% | |
CBOE | C | -2.48% | |
IBKR | A | -2.32% | |
FDS | B | -2.25% | |
TW | A | -1.8% | |
JEF | A | -1.44% | |
SF | B | -1.43% | |
EVR | B | -1.29% | |
MKTX | D | -1.2% | |
HLI | A | -1.18% | |
MORN | B | -1.11% | |
LAZ | B | -0.76% | |
PIPR | A | -0.64% | |
PJT | A | -0.47% | |
MC | C | -0.47% | |
BGC | C | -0.43% | |
VIRT | A | -0.37% | |
SNEX | B | -0.33% | |
DFIN | D | -0.2% | |
LPRO | B | -0.08% |
HISF: Top Represented Industries & Keywords
IAI: Top Represented Industries & Keywords