GINC vs HISF: Grades, Fees and Holdings Compared

Goldman Sachs ETF Trust

GINCANYSE Arca

First Trust High Income Strategic Focus ETF

HISFCNasdaq

Overlap

0.0%by weight

Expense ratio

GINC −0.43pt a year

GINC0.40%HISF0.83%

Avg volume · 30D

GINC 4.4×the volume

GINC52.1KHISF11.8K

GINC vs HISF Performance

Oct 9, 2026 – Nov 9, 2026

+1.0%GINC+2.1%HISF

Expense ratio: GINC 0.40%, better; HISF 0.83%
Fund size: GINC $212M; HISF $91M
1Y total return: GINC No data; HISF +0.7%
Yield (12M): GINC No data; HISF 5.21%
Holdings: GINC 493; HISF 12
Avg volume (30D): GINC 52.1K sh, better; HISF 11.8K sh
NAV per share: GINC $48.75; HISF $43.13
52W range

ETF.net Grade

Pillar letters and Scores for GINC, HISF, with each pillar’s weight
Pillar	GINC	HISF
Cost30% weight	A81Higher	F21
Mission25% weight	Not scored	B56
Risk15% weight	C46	C52Higher
Tradability15% weight	A70	A71Higher
Holdings10% weight	A79Higher	C42
Durability5% weight	A80Higher	A75

Rank among Multi-Sector Bond Income funds

How we build Categories ›

Same Category. GINC and HISF are both graded against the same 23 Multi-Sector Bond Income funds, so their Grades compare head to head.

Multi-Sector Bond Income⁠

Category · 23 funds

See all 23 ›

GINC ranks 3rd and HISF 14th of 23 funds in the Multi-Sector Bond Income Category.

Rank 1AVGMSVanguard Multi-Sector Income Bond ETFScore 86
Rank 2AAINPAllspring Income Plus ETFScore 72
Rank 3AGINCGoldman Sachs ETF TrustScore 71
Rank 3AXAGGEaton Vance Strategic Income Opportunities ETFScore 71
Rank 13CWTBNWisdomTree Bianco Total Return FundScore 48
Rank 14CHISFFirst Trust High Income Strategic Focus ETFScore 46
Rank 15CFFLXFIRST TRUST FLEXIBLE INCOME ETFScore 45

Our read on each fund

ETF.net Research

GINCAGoldman Sachs ETF Trust

HISFCFirst Trust High Income Strategic Focus ETF

In short

GINC No data

HISF An income-first fund that ranks risk-adjusted income above raw yield, with capital appreciation as the second job. Trading since 2014, paying monthly, built on fixed income, and charging 0.83% for the active work.

Stated mandate

GINC No data

HISF The Fund seeks risk-adjusted income as its primary objective and capital appreciation secondarily.

Why people hold it

GINC No data

HISF Pays monthly, so income arrives on a schedule closer to the one your expenses run on.
The mandate is explicit: risk-adjusted income first, capital appreciation second. That ordering tells you what gets priority when the two pull against each other.
Live since 2014, so there is a real operating history across very different rate regimes behind it, not a backtest.
Fixed income does the heavy lifting here, an income-built portfolio sitting in a peer group dominated by stock-and-bond allocation funds.

Worth knowing

GINC No data

HISF At 0.83% a year, it runs above the typical expense ratio in its multi-asset peer group. Active income selection is what that premium buys.
Cheaper allocation options share the peer group: AOA at 0.19%, IRTR at 0.08%. Neither is built around an income-first mandate.
It trades thinly for its category, so limit orders and a look at the spread matter more here than with the household names.

Full GINC profile⁠

Full HISF profile⁠

GINC vs HISF Holdings

How GINC and HISF differ

Overlap by weight

0.0%

About this figure: HISF holds other funds. We compare those funds, not the stocks inside them.

Level by level

Holdings0 in both0.0%
Sector13 Sectors75.0%
Countryby domicile78.2%

Sector

Sector weights in GINC and HISF, widest gap first
Sector	Gap	GINC	HISF
Securitized	HISF +19.7 points	9.6%	29.3%
Corporate	GINC +18.0 points	60.3%	42.3%
Government	GINC +6.9 points	30.1%	23.2%
Financials	HISF +3.1 points	0.0%	3.1%
Utilities	HISF +0.9 points	0.0%	0.9%
Communication	HISF +0.5 points	0.0%	0.5%
Municipal	HISF +0.3 points	0.0%	0.3%
Real Estate	HISF +0.3 points	0.0%	0.3%
Consumer Discretionary	HISF +0.1 points	0.0%	0.1%
Energy	Same weight	0.0%	0.0%
Consumer Staples	Same weight	0.0%	0.0%
Industrials	Same weight	0.0%	0.0%
Materials	Same weight	0.0%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in GINC and HISF, widest gap first
Country	Gap	GINC	HISF
United States	HISF +21.8 points	78.2%	100.0%
Cayman Islands	GINC +11.6 points	11.6%	0.0%
United Kingdom	GINC +3.2 points	3.2%	0.0%
Mexico	GINC +1.6 points	1.6%	0.0%
Canada	GINC +0.9 points	0.9%	0.0%
Australia	GINC +0.9 points	0.9%	0.0%
Switzerland	GINC +0.8 points	0.8%	0.0%
Argentina	GINC +0.8 points	0.8%	0.0%
Other countries (7)	GINC +2.1 points	2.1%	0.0%

Outside the US: GINC 36% developed, 64% emerging.

Concentration

Weight in the 10 largest Holdings

GINC24.7%
HISF95.1%

Securities held

GINC487
HISF11

Asset class

GINC: Bonds
HISF: Multi-Asset

Holdings

Only in GINC487
In both0
Only in HISF11

Only in GINC

487 securities, 100% of GINC by weight

ICE CD CDXIG545 1.00 20Dec30 P 1.00% 12/20/203012.90%
United States Department 11/24/20262.85%
ICE CD CXPHY547 5.00 20Dec31 P 5.00% 12/22/20312.47%
Freddie Mac Strips 4.80% 09/25/20311.63%
ICE CD CXPHY545 5.00 20Dec30 P 5.00% 12/20/20301.10%
Morgan Stanley 2.70% 01/22/20310.85%
Hsbc Holdings PLC 6.75% 11/18/21740.83%
Oracle Corporation 6.25% 11/09/20320.71%
Bank of America Corporati 2.50% 02/13/20310.67%
Republic of Serbia 5.50% 05/06/20360.65%
Argentine Republic 4.13% 07/09/20350.65%
Msci Inc. 3.88% 02/15/20310.65%
Congo (Republic of The) 9.50% 05/26/20360.64%
Tih Insurance Holdings, L 7.13% 06/01/20310.59%
Fair Isaac Corporation 6.00% 05/15/20330.57%
T-Mobile Usa, Inc. 5.00% 02/15/20360.55%
B.a.t. Capital Corporatio 6.00% 02/20/20340.54%
Howden Uk Refinance PLC 8.13% 02/15/20320.54%
Carnival Corporation Ltd. 5.13% 05/01/20290.53%
Cousins Properties Lp 5.88% 10/01/20340.53%
Barings Clo Ltd. 2021-III 5.25% 01/18/20350.53%
Directv Financing, Llc 9.25% 06/01/20320.52%
JPMorgan Chase & Co. 2.96% 05/13/20310.52%
Snap Inc. 6.88% 03/01/20330.52%
Pr Rno Property Owner 1, 6.50% 05/01/20310.51%
Venezuela, (Bolivarian Re 7.65% 04/21/20250.51%
Benefit Street Partners C 5.37% 07/25/20380.51%
Beusa Investments, Llc 7.00% 08/01/20310.50%
Sv Rno Property Owner 1 L 5.88% 03/01/20310.50%
Banco Santander, S.a. 6.92% 08/08/20330.50%
Millrose Properties, Inc. 6.75% 10/15/20310.48%
Bip-V Chinook Holdco L.l. 5.50% 06/15/20310.48%
Turkey (Republic Of) 7.63% 04/26/20290.48%
J. M. Smucker Company (Th 6.20% 11/15/20330.48%
M&T Bank Corporation 5.05% 01/27/20340.47%
Meridian Arc Holdco Llc 6.25% 04/30/20310.46%
Sprint Cap 8.75% 03/15/20320.46%
Broadcom Inc. 3.14% 11/15/20350.45%
Big Sky Funding Llc 5.75% 10/20/20350.44%
Sasol Financing Usa Llc 5.50% 03/18/20310.44%
Bank of New York Mellon C 5.63% 06/20/21750.43%
Applovin Corporation 5.38% 12/01/20310.43%
Solaris Energy Infrastruc 7.00% 04/01/20320.43%
The Michaels Companies, I 8.50% 03/15/20330.43%
Warwick Capital Clo 1 Ltd 5.36% 10/20/20380.42%
Salesforce, Inc. 5.55% 03/15/20360.42%
Hyundai Capital America 5.40% 06/23/20320.42%
Salesforce, Inc. 4.90% 09/15/20310.42%
Macquarie Bank Limited 3.05% 03/03/20360.42%
Ubs Group AG 2.75% 02/11/20330.42%

Only in HISF

11 securities, 99.98% of HISF by weight

First Trust Core Investment Grade ETF28.21%
First Trust Tactical High Yield ETF11.92%
First Trust Intermediate Duration Investment Grade Corporate ETF10.08%
First Trust Low Duration Opportunities ETF9.94%
First Trust Long Duration Opportunities ETF7.19%
First Trust Senior Loan Fund6.85%
First Trust Smith Opportunistic Fixed Income ETF6.02%
First Trust Structured Credit Income Opportunities ETF4.99%
First Trust Limited Duration Investment Grade Corporate ETF4.97%
First Trust Preferred Securities and Income ETF4.92%
First Trust Emerging Markets Local Currency Bond ETF4.90%

Weight gaps

GINC and HISF share no securities.

All 491 GINC holdings⁠All 11 HISF holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

GINC vs HISF Cost

Overpaying HISF vs GINC

$7,769

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

GINC 0.40%
$8,090
HISF 0.83%
$15,859

Amount$10,000

Years30 years

Cost over time

GINC 0.40%
HISF 0.83%
Overpaying

Year by year

Year	GINC	HISF	Overpaying
10	$723	$1,474	$751
20	$2,793	$5,581	$2,788
30	$8,090	$15,859	$7,769

Expense ratio

0.40%GINC, cheaper
0.83%HISF

GINC0.40%HISF0.83%

0.30%1.13%

Middle half of Multi-Sector Bond Income funds
Median 0.60%

GINC 5th cheapest of 23 funds

HISF 18th cheapest of 23 funds

GINC vs HISF Dividends

Last 12 months to Nov 9, 2026

Yield (12M): GINC No data; HISF 5.21%
Payout (12M): GINC No data; HISF $2.25
Last payment: GINC $0.25; HISF $0.18
Ex-dividend: GINC Nov 2, 2026; HISF Oct 21, 2026
Paid on: GINC Nov 6, 2026; HISF Oct 30, 2026
Frequency: GINC Monthly; HISF Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

GINCMonthly · 3 paymentsAll GINC payments⁠

HISFMonthly · 46 paymentsAll HISF payments⁠

GINC vs HISF Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: GINC No dataHISF 5.2%
Return per unit of riskSharpe ratio, 3 years: GINC No dataHISF 0.25
Worst fallMax drawdown, 5 years: GINC No dataHISF −13.2%
Market sensitivityBeta, 5 years: GINC 0.67HISF 0.88; Market = 1

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