---
ticker: "HISF"
name: "First Trust High Income Strategic Focus ETF"
url: "https://etf.net/etf/HISF"
grade: "B"
score: 69
graded_at: "2026-10-12"
category: "Multi-Sector Bond Income"
category_rank: "3 of 25"
methodology: "https://etf.net/methodology"
---

# HISF: First Trust High Income Strategic Focus ETF

Grade **B**, Score 69 of 100. Rank 3 of 25 in Multi-Sector Bond Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 100 | 1 of 25 |
| Mission | 56 | 10 of 14 |
| Risk | 42 | 12 of 20 |
| Tradability | 74 | 3 of 25 |
| Holdings | 43 | 16 of 25 |
| Durability | 76 | 5 of 25 |

## Top holdings

The fund holds 12 positions. These are the largest 12, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | FTCB | First Trust Core Investment Grade ETF | 27.99% |
| 2 | HYLS | First Trust Tactical High Yield ETF | 11.99% |
| 3 | FIIG | First Trust Intermediate Duration Investment Grade Corporate ETF | 10.02% |
| 4 | LMBS | First Trust Low Duration Opportunities ETF | 9.99% |
| 5 | LGOV | First Trust Long Duration Opportunities ETF | 7.02% |
| 6 | FTSL | First Trust Senior Loan Fund | 6.97% |
| 7 | FIXD | First Trust Smith Opportunistic Fixed Income ETF | 6.00% |
| 8 | FEMB | First Trust Emerging Markets Local Currency Bond ETF | 5.04% |
| 9 | FSIG | First Trust Limited Duration Investment Grade Corporate ETF | 5.00% |
| 10 | SCIO | First Trust Structured Credit Income Opportunities ETF | 4.99% |
| 11 | FPE | First Trust Preferred Securities and Income ETF | 4.98% |
| 12 | — | US Dollar | 0.02% |

Source: etf.net, https://etf.net/etf/HISF. Please cite the page URL.