LDSF vs. RAYJ ETF Comparison

Comparison of First Trust Low Duration Strategic Focus ETF (LDSF) to Rayliant SMDAM Japan Equity ETF (RAYJ)

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

$18.81

Average Daily Volume

24,122

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

RAYJ

Rayliant SMDAM Japan Equity ETF

RAYJ Description

RAYJ focuses on achieving long-term capital growth through investments in Japanese companies, primarily common and preferred stocks. The fund prioritizes firms with sustainable earnings growth, strong market positions, and a track record of innovation. Investment decisions are informed by fundamental research, considering factors such as historical and projected cash flow stability, quality of management teams, and governance standards. Additionally, RAYJ employs derivatives like futures contracts for risk management purposes, including hedging and optimizing cash positions. Sector allocations are adjusted dynamically based on market trends and opportunities. RAYJ seeks to strategically position itself within Japan's equity market to capitalize on sustained growth potential.

Grade (RS Rating)

Last Trade

$26.92

Average Daily Volume

2,997

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

Performance

Period	LDSF	RAYJ
30 Days	-0.63%	2.51%
60 Days	-1.44%	-3.01%
90 Days	-0.36%	0.28%
12 Months	6.31%

0 Overlapping Holdings

	Symbol	Grade	Weight in LDSF	Weight in RAYJ	Overlap

LDSF Overweight 7 Positions Relative to RAYJ

	Symbol	Grade	Weight
	FSIG	C	35.0%
	LMBS	D	34.98%
	HYLS	B	12.13%
	FTSM	B	6.57%
	FTSL	A	3.01%
	FEMB	F	2.36%
	IEI	D	1.93%

LDSF Underweight 2 Positions Relative to RAYJ

	Symbol	Grade	Weight
	MUFG	B	-5.94%
	TM	F	-3.3%

LDSF: Top Represented Industries & Keywords

Industries:

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

RAYJ: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global

Keywords: Advisory Services Asset And Liability Management Asset Management Auto Parts Automotive Industry Bank Bank Deposits Care Insurance Products Cars Commercial Paper Consumer Finance Corporate Banking E Commerce Marketplace Financial Products Foreign Exchange Services Fund Management Insurance Products Internet Banking Services Investment Bank Investment Banking