KMLM vs. HISF ETF Comparison

Comparison of KFA Mount Lucas Index Strategy ETF (KMLM) to First Trust High Income Strategic Focus ETF (HISF)

KMLM

KFA Mount Lucas Index Strategy ETF

KMLM Description

The investment seeks to provide a total return that, before fees and expenses, exceeds that of the KFA MLM Index over a complete market cycle. The fund seeks to achieve its goal by investing under normal circumstances in commodity, currency, and global fixed income futures contracts traded on U.S. and foreign exchanges that are the same as or similar to those included in the index and debt instruments. The index is a modified version of the MLM Index, which is an index constructed of a portfolio of commodity, currency, and global fixed income futures contracts traded on U.S. and foreign exchanges using a trend following methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$31.11

Average Daily Volume

92,022

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$43.10

Average Daily Volume

2,055

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KMLM	HISF
30 Days	3.80%	-2.15%
60 Days	5.82%	-1.35%
90 Days	9.23%	-1.54%
12 Months	0.52%	1.34%

0 Overlapping Holdings

	Symbol	Grade	Weight in KMLM	Weight in HISF	Overlap

KMLM Overweight 1 Positions Relative to HISF

	Symbol	Grade	Weight
	SCHO	B	51.37%

KMLM Underweight 7 Positions Relative to HISF

Symbol	Grade	Weight
FIXD	D	-34.72%
LMBS	C	-15.14%
HYLS	B	-14.99%
FSIG	B	-10.12%
FTSL	A	-7.66%
LGOV	D	-7.31%
FEMB	D	-2.47%

KMLM: Top Represented Industries & Keywords

Industries:

Keywords: Bear Market ETF Bloomberg Barclays Us Aggregate Bond Index Bond Bond Market Indices ETF Exchange Traded Fund Fixed Income Inverse ETF U.S. Treasury United States Treasury Security Yield

HISF: Top Represented Industries & Keywords

Industries: