FSL vs. NSCC ETF Comparison
Comparison of First Trust Senior Loan ETF (CAD-Hedged) (FSL) to NBI Sustainable Canadian Corporate Bond ETF (NSCC)
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
$16.91
Average Daily Volume
1,252
1
NSCC
NBI Sustainable Canadian Corporate Bond ETF
NSCC Description
The NBI Sustainable Canadian Corporate Bond ETF?s investment objective is to provide a sustained level of current income and capital growth, with an emphasis on bonds issued by Canadian corporations with a carbon intensity substantially lower than that of the estimated carbon intensity of the NBI Sustainable Canadian Corporate Bond ETF?s benchmark, while considering ESG issues, climate risks and contribution to UN sustainable development goals. It invests, directly or indirectly through investments in securities of other mutual funds, in a portfolio comprised primarily of bonds issued by Canadian corporations.Grade (RS Rating)
Last Trade
$22.29
Average Daily Volume
1,155
2
Performance
Period | FSL | NSCC |
---|---|---|
30 Days | 0.98% | -0.85% |
60 Days | 0.14% | 0.68% |
90 Days | 0.50% | -0.62% |
12 Months | 1.64% | 8.59% |
0 Overlapping Holdings
Symbol | Grade | Weight in FSL | Weight in NSCC | Overlap |
---|
FSL Overweight 1 Positions Relative to NSCC
Symbol | Grade | Weight | |
---|---|---|---|
FSL | A | 99.5% |
FSL: Top Represented Industries & Keywords
NSCC: Top Represented Industries & Keywords