LDSF vs. RAAX ETF Comparison

Comparison of First Trust Low Duration Strategic Focus ETF (LDSF) to VanEck Vectors Real Asset Allocation ETF (RAAX)

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

$18.70

Average Daily Volume

74,282

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

RAAX

VanEck Vectors Real Asset Allocation ETF

RAAX Description

The investment seeks long-term total return. The fund invests, under normal circumstances, primarily in (i) exchange traded products that provide exposure to real assets through investment in domestic and foreign equity and debt securities, master limited partnerships ("MLPs"), and physical commodities, including ETFs and non-1940 Act (defined herein) commodity pools or commodity trusts and exchange traded notes ("ETNs") (collectively, "ETPs"); and (ii) cash or cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$27.46

Average Daily Volume

15,042

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	LDSF	RAAX
30 Days	0.51%	1.24%
60 Days	0.98%	2.01%
90 Days	1.01%	0.59%
12 Months	5.66%	9.31%

0 Overlapping Holdings

	Symbol	Grade	Weight in LDSF	Weight in RAAX	Overlap

LDSF Overweight 6 Positions Relative to RAAX

	Symbol	Grade	Weight
	LMBS	B	39.96%
	FSIG	A	35.06%
	HYLS	B	9.87%
	FTSM	B	5.03%
	IEI	A	5.01%
	FTSL	C	4.96%

LDSF Underweight 10 Positions Relative to RAAX

	Symbol	Grade	Weight
	PIT	B	-20.95%
	EINC	A	-12.32%
	REZ	A	-6.18%
	PAVE	D	-4.8%
	NLR	C	-2.12%
	SLX	D	-1.74%
	GDX	C	-1.27%
	IAUF	C	-1.14%
	PHO	D	-1.02%
	MOO	F	-0.99%

LDSF: Top Represented Industries & Keywords

Industries:

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

RAAX: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund American Depositary Receipt Exchange Traded Funds Agribusiness Agricultural Products Agriculture Agronomy Aquaculture Commodity Commodity Markets Depositary Receipt Energy Infrastructure Exchange Traded Products Farm Machinery Fertilizer Food Industry Gold Mining Gold Mining Industry Investment Trust