HISF vs. LMBS ETF Comparison

Comparison of First Trust High Income Strategic Focus ETF (HISF) to First Trust Low Duration Mortgage Opportunities ETF (LMBS)

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

$44.07

Average Daily Volume

5,101

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

LMBS

First Trust Low Duration Mortgage Opportunities ETF

LMBS Description

The investment seeks to generate current income with a secondary objective of capital appreciation. Under normal market conditions, the fund will seek to achieve its investmentobjectives by investing at least 80% of its net assets (including investmentborrowings) in mortgage-related debt securities and other mortgage-relatedinstruments (collectively, "Mortgage-Related Investments"). The fund normallyexpects to invest in Mortgage-Related Investments tied to residential andcommercial mortgages. It is non-diversified.

Grade (RS Rating)

Last Trade

$48.60

Average Daily Volume

522,583

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

Performance

Period	HISF	LMBS
30 Days	-0.64%	-0.12%
60 Days	-2.55%	-1.31%
90 Days	-0.88%	0.04%
12 Months	7.02%	5.15%

1 Overlapping Holdings

	Symbol	Grade	Weight in HISF	Weight in LMBS	Overlap
	LGOV	C	7.25%	0.04%	0.04%

HISF Overweight 6 Positions Relative to LMBS

	Symbol	Grade	Weight
	FIXD	D	32.05%
	HYLS	A	20.44%
	LMBS	C	15.2%
	FSIG	C	10.15%
	FEMB	F	4.78%
	FPE	C	2.56%

HISF Underweight 0 Positions Relative to LMBS

	Symbol	Grade	Weight

HISF: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Debt Securities Qualified Institutional Buyer Stock Fund Structured Finance Advisorshares Banking Bear Market ETF Betashares Bond Bond Market Index Commercial Mortgage Currency Debt Distressed Securities Exchange Traded Funds Financial Market Financial Regulation Government Bonds

LMBS: Top Represented Industries & Keywords

Industries:

Keywords: Debt Securities ETF Exchange Traded Fund U.S. Government