LDSF vs. FTSL ETF Comparison
Comparison of First Trust Low Duration Strategic Focus ETF (LDSF) to First Trust Senior Loan Fund ETF (FTSL)
LDSF
First Trust Low Duration Strategic Focus ETF
LDSF Description
The investment seeks to generate current income, with a secondary objective of preservation of capital. Under normal market conditions, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in a portfolio of U.S.-listed exchange-traded funds ("ETFs") that principally invest in income-generating securities that provide it with a duration of three years or less. A significant portion of the ETFs in which the fund invests may be advised by First Trust. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$18.76
Average Daily Volume
74,845
6
FTSL
First Trust Senior Loan Fund ETF
FTSL Description
The investment seeks to provide high current income. Under normal market conditions, the fund seeks to outperform each of the Primary Index and Secondary Index by investing at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in first lien senior floating rate bank loans ("Senior Loans"). It may also invest up to 20% of its net assets in (1) non-Senior Loan debt securities, which may be fixed-rate or floating rate income producing securities (2) warrants and equity securities issued by a borrower or its affiliates and (3) securities of other investment companies. The fund is non-diversified.Grade (RS Rating)
Last Trade
$45.93
Average Daily Volume
225,459
1
Performance
Period | LDSF | FTSL |
---|---|---|
30 Days | 0.51% | -0.46% |
60 Days | 1.40% | 0.03% |
90 Days | 1.33% | 0.80% |
12 Months | 6.74% | 8.20% |
1 Overlapping Holdings
Symbol | Grade | Weight in LDSF | Weight in FTSL | Overlap | |
---|---|---|---|---|---|
FTSM | B | 5.03% | 1.7% | 1.7% |
LDSF Underweight 0 Positions Relative to FTSL
Symbol | Grade | Weight |
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LDSF: Top Represented Industries & Keywords
FTSL: Top Represented Industries & Keywords