HISF vs. OCIO ETF Comparison

Comparison of First Trust High Income Strategic Focus ETF (HISF) to ClearShares OCIO ETF (OCIO)

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

$44.17

Average Daily Volume

5,101

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

$34.21

Average Daily Volume

776

Number of Holdings ^*

15

* may have additional holdings in another (foreign) market

Performance

Period	HISF	OCIO
30 Days	-0.64%	-0.22%
60 Days	-2.55%	0.95%
90 Days	-0.88%	2.63%
12 Months	7.02%	15.60%

0 Overlapping Holdings

	Symbol	Grade	Weight in HISF	Weight in OCIO	Overlap

HISF Overweight 7 Positions Relative to OCIO

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

HISF Underweight 15 Positions Relative to OCIO

	Symbol	Grade	Weight
	QQQ	B	-5.93%
	SPMO	B	-5.24%
	IEI	D	-4.37%
	OPER	A	-4.04%
	HEFA	C	-3.15%
	SCHK	A	-3.1%
	GVI	C	-3.08%
	SCHF	D	-3.03%
	SHY	C	-2.58%
	IEF	F	-1.75%
	VGIT	C	-1.31%
	IXUS	D	-0.95%
	EYLD	D	-0.87%
	EMXC	D	-0.71%
	CGV	D	-0.47%

HISF: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Debt Securities Qualified Institutional Buyer Stock Fund Structured Finance Advisorshares Banking Bear Market ETF Betashares Bond Bond Market Index Commercial Mortgage Currency Debt Distressed Securities Exchange Traded Funds Financial Market Financial Regulation Government Bonds

OCIO: Top Represented Industries & Keywords

Industries:

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