IBIT vs. HISF ETF Comparison

Comparison of iShares Bitcoin Trust (IBIT) to First Trust High Income Strategic Focus ETF (HISF)

IBIT

iShares Bitcoin Trust

IBIT Description

IBIT aims to track the spot price of Bitcoin, less expenses and liabilities. It intends to provide accessibility to Bitcoin without the complexities of acquiring, holding, and trading directly through a digital asset platform. The trust is backed by Bitcoin held in cold storage, which is a safeguarding method by which the private keys corresponding to the trusts Bitcoins are generated and stored in an offline manner, making them more resistant to hacking. Holdings are valued daily based on the CF Benchmarks Index. This serves as a once-a-day benchmark rate of Bitcoins USD price, calculated as of 4:00 pm ET. The index aggregates the trade flow of several Bitcoin platforms during an observation window, focusing on relevant transactions, as defined by the index provider. At the time of launch, the Issuer waived a portion of the fee. The funds expense ratio and tracking should be reviewed and considered for comparison purposes

Grade (RS Rating)

Last Trade

$53.22

Average Daily Volume

37,192,952

Number of Holdings ^*

* 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

$44.32

Average Daily Volume

5,152

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IBIT	HISF
30 Days	33.43%	-1.40%
60 Days	44.77%	-2.62%
90 Days	53.69%	-1.10%
12 Months		7.16%

0 Overlapping Holdings

	Symbol	Grade	Weight in IBIT	Weight in HISF	Overlap

IBIT Overweight 1 Positions Relative to HISF

	Symbol	Grade	Weight
	BTC	A	100.0%

IBIT Underweight 7 Positions Relative to HISF

Symbol	Grade	Weight
FIXD	D	-32.05%
HYLS	A	-20.44%
LMBS	C	-15.2%
FSIG	C	-10.15%
LGOV	D	-7.25%
FEMB	F	-4.78%
FPE	B	-2.56%

IBIT: Top Represented Industries & Keywords

Industries:

Keywords: Betashares Exchange Traded Funds Inverse Exchange Traded Fund Investment Management

HISF: Top Represented Industries & Keywords

Industries: