FSL vs. IGB ETF Comparison
Comparison of First Trust Senior Loan ETF (CAD-Hedged) (FSL) to Purpose Mngd Duration Invest Bond ETF (IGB)
FSL
First Trust Senior Loan ETF (CAD-Hedged)
FSL Description
First Trust Senior Loan ETF (CAD-Hedged) seeks to provide Unitholders with a high level of current income by investing primarily in a diversified portfolio of senior floating rate loans and debt securities, with capital appreciation as a secondary objective. First Trust Senior Loan ETF (CAD-Hedged) will primarily invest in a portfolio of senior floating rate loans which are generally rated at or below BB+ by Standard & Poors, or Ba1 or less by Moody’s Investor Services, Inc., or a similar rating by designated credit rating organization (as such defined in NI 81-102).
Grade (RS Rating)
Last Trade
$17.01
Average Daily Volume
1,322
1
IGB
Purpose Mngd Duration Invest Bond ETF
IGB Description
The investment objective of the Fund is to provide Shareholders with exposure to a diversified portfolio of corporate, government or other bonds, and debt instruments or debt-like securities, of investment grade and noninvestment grade North American and/or international issuers. This could include investments in corporate bonds, notes, floating rate notes, convertible bonds, preferred shares, bank loans, government bonds or other income-producing securities.Grade (RS Rating)
Last Trade
$18.49
Average Daily Volume
3,246
1
Performance
| Period | FSL | IGB |
|---|---|---|
| 30 Days | 0.12% | 0.79% |
| 60 Days | 0.00% | 2.74% |
| 90 Days | 1.19% | 4.15% |
| 12 Months | 1.46% | 10.42% |
0 Overlapping Holdings
| Symbol | Grade | Weight in FSL | Weight in IGB | Overlap |
|---|
FSL Overweight 1 Positions Relative to IGB
| Symbol | Grade | Weight | |
|---|---|---|---|
| FSL | B | 99.5% |
FSL Underweight 1 Positions Relative to IGB
| Symbol | Grade | Weight | |
|---|---|---|---|
| BND | A | -100.27% |
FSL: Top Represented Industries & Keywords
IGB: Top Represented Industries & Keywords
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