HISF vs. IAI ETF Comparison

Comparison of First Trust High Income Strategic Focus ETF (HISF) to iShares U.S. Broker-Dealers ETF (IAI)
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

$44.08

Average Daily Volume

4,804

Number of Holdings *

7

* may have additional holdings in another (foreign) market
IAI

iShares U.S. Broker-Dealers ETF

IAI Description The investment seeks to track the investment results of an index composed of U.S. equities in the investment services sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the index. It seeks to track the investment results of the Dow Jones U.S. Select Investment Services Index (the "underlying index"), which measures the performance of the investment services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$150.77

Average Daily Volume

101,301

Number of Holdings *

32

* may have additional holdings in another (foreign) market
Performance
Period HISF IAI
30 Days -1.14% 10.55%
60 Days -2.93% 18.10%
90 Days -1.73% 19.69%
12 Months 6.49% 57.52%
0 Overlapping Holdings
Symbol Grade Weight in HISF Weight in IAI Overlap
HISF Overweight 7 Positions Relative to IAI
Symbol Grade Weight
FIXD D 32.05%
HYLS B 20.44%
LMBS D 15.2%
FSIG C 10.15%
LGOV D 7.25%
FEMB F 4.78%
FPE C 2.56%
HISF Underweight 32 Positions Relative to IAI
Symbol Grade Weight
GS A -14.35%
MS A -12.73%
SPGI C -12.62%
COIN C -6.64%
SCHW B -4.88%
MSCI C -4.03%
NDAQ A -3.87%
CME B -3.82%
MCO B -3.78%
ICE C -3.67%
RJF A -3.56%
LPLA A -2.81%
HOOD B -2.74%
CBOE C -2.48%
IBKR A -2.32%
FDS B -2.25%
TW A -1.8%
JEF A -1.44%
SF B -1.43%
EVR B -1.29%
MKTX D -1.2%
HLI A -1.18%
MORN B -1.11%
LAZ B -0.76%
PIPR A -0.64%
PJT A -0.47%
MC C -0.47%
BGC C -0.43%
VIRT A -0.37%
SNEX B -0.33%
DFIN D -0.2%
LPRO B -0.08%
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