LDSF vs. FTSL ETF Comparison

Comparison of First Trust Low Duration Strategic Focus ETF (LDSF) to First Trust Senior Loan Fund ETF (FTSL)

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

$18.66

Average Daily Volume

24,095

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

FTSL

First Trust Senior Loan Fund ETF

FTSL Description

The investment seeks to provide high current income. Under normal market conditions, the fund seeks to outperform each of the Primary Index and Secondary Index by investing at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in first lien senior floating rate bank loans ("Senior Loans"). It may also invest up to 20% of its net assets in (1) non-Senior Loan debt securities, which may be fixed-rate or floating rate income producing securities (2) warrants and equity securities issued by a borrower or its affiliates and (3) securities of other investment companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$46.16

Average Daily Volume

280,016

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

Performance

Period	LDSF	FTSL
30 Days	0.19%	0.51%
60 Days	0.26%	0.49%
90 Days	0.29%	1.76%
12 Months	4.00%	10.16%

1 Overlapping Holdings

	Symbol	Grade	Weight in LDSF	Weight in FTSL	Overlap
	FTSM	A	5.07%	1.7%	1.7%

LDSF Overweight 5 Positions Relative to FTSL

	Symbol	Grade	Weight
	LMBS	C	39.94%
	FSIG	A	35.05%
	HYLS	A	9.89%
	FTSL	A	5.04%
	IEI	D	4.97%

LDSF Underweight 0 Positions Relative to FTSL

	Symbol	Grade	Weight

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

FTSL: Top Represented Industries & Keywords

Industries:

Keywords: Asset And Liability Management Banking Bond Market Money Market Fund Structured Finance