RMIF vs. HISF ETF Comparison

Comparison of ETF Series Solutions LHA Risk-Managed Income ETF (RMIF) to First Trust High Income Strategic Focus ETF (HISF)

RMIF

ETF Series Solutions LHA Risk-Managed Income ETF

RMIF Description

The fund is an actively-managed "fund of funds" and seeks to achieve its investment objective by investing primarily in other investment companies, including other actively managed exchange-traded funds ("ETFs") and index-based ETFs (collectively, "Underlying Investments"), that provide exposure to a broad range of fixed income asset classes. The fund may also invest in cash, cash equivalents, or money market funds.

Grade (RS Rating)

Last Trade

$25.14

Average Daily Volume

2,515

Number of Holdings ^*

5

* 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

$43.58

Average Daily Volume

1,932

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	RMIF	HISF
30 Days	0.78%	-0.40%
60 Days	1.01%	-0.56%
90 Days	1.95%	-1.11%
12 Months		2.03%

1 Overlapping Holdings

	Symbol	Grade	Weight in RMIF	Weight in HISF	Overlap
	FTSL	A	19.47%	7.64%	7.64%

RMIF Overweight 4 Positions Relative to HISF

	Symbol	Grade	Weight
	BKLN	A	20.39%
	SRLN	A	20.36%
	SJNK	A	20.09%
	SHYG	A	18.86%

RMIF Underweight 6 Positions Relative to HISF

	Symbol	Grade	Weight
	FIXD	C	-34.72%
	LMBS	C	-15.13%
	HYLS	A	-15.02%
	FSIG	A	-10.12%
	LGOV	D	-7.29%
	FEMB	C	-2.48%

RMIF: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund Bond Bond Market Indices High Yield Debt iBoxx Asset Backed Security Bank Loans Barclays Blackstone Bond Fund Bond Market Index Corporate Bond Debt Securities Exchange Traded Funds Index Fund Invesco Powershares Loan Mortgage Backed Security Rate Bank Loans

HISF: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund ETF Debt Securities Mortgage Backed Security Structured Finance Advisorshares Asset Backed Security Bank Loans Banking Bear Market ETF Betashares Bond Bond Market Index Commercial Mortgage Currency Debt Distressed Securities Exchange Traded Funds Financial Market Government Bonds