LDSF vs. OCIO ETF Comparison

Comparison of First Trust Low Duration Strategic Focus ETF (LDSF) to ClearShares OCIO ETF (OCIO)

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

$18.82

Average Daily Volume

24,016

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

OCIO

ClearShares OCIO ETF

OCIO Description

The investment seeks to outperform a traditional 60/40 mix of global equity and fixed-income investments. The fund is expected to typically invest approximately 40% to 70% of its total assets in underlying funds that principally invest in equity securities of any market capitalization. It is expected to typically invest approximately 20% to 50% of its total assets in underlying funds that principally invest in debt obligations.

Grade (RS Rating)

Last Trade

$34.46

Average Daily Volume

796

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

Performance

Period	LDSF	OCIO
30 Days	-0.32%	1.79%
60 Days	-1.36%	1.47%
90 Days	-0.33%	2.49%
12 Months	6.34%	16.20%

1 Overlapping Holdings

	Symbol	Grade	Weight in LDSF	Weight in OCIO	Overlap
	IEI	D	1.93%	4.38%	1.93%

LDSF Overweight 6 Positions Relative to OCIO

	Symbol	Grade	Weight
	LMBS	D	35.01%
	FSIG	C	34.97%
	HYLS	C	12.13%
	FTSM	B	6.57%
	FTSL	B	3.01%
	FEMB	F	2.36%

LDSF Underweight 14 Positions Relative to OCIO

	Symbol	Grade	Weight
	QQQ	B	-5.89%
	SPMO	B	-5.25%
	BIL	A	-4.4%
	OPER	A	-4.05%
	HEFA	C	-3.14%
	SCHK	A	-3.11%
	GVI	C	-3.08%
	SCHF	D	-3.03%
	SHY	D	-2.59%
	VGIT	D	-1.31%
	IXUS	D	-0.95%
	EYLD	D	-0.89%
	EMXC	D	-0.72%
	CGV	C	-0.48%

LDSF: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Debt Securities Structured Finance Banking Bond Bond Market Government Bonds Mortgage Backed Security Asset And Liability Management Asset Backed Security Bank Loans Bear Market ETF Bloomberg Barclays Us Aggregate Bond Index Bond Market Index Commercial Mortgage Currency Debt Distressed Securities Financial Market

OCIO: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Stock Market Index U.S. Treasury Bloomberg Barclays Us Aggregate Bond Index Bond Exchange Traded Funds U.S. Government Bond Market Index Fund Betashares Bond Market Indices Government Bonds MSCI EAFE Bear Market ETF Bond Fund Corporate Bond Currency Debt Dividend