AFK vs. FCEF ETF Comparison
Comparison of Market Vectors-Africa Index ETF (AFK) to First Trust CEF Income Opportunity ETF (FCEF)
AFK
Market Vectors-Africa Index ETF
AFK Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® GDP Africa Index. The fund invests at least 80% of total assets in securities that comprise the index. The index is comprised of African companies. The index includes local listings of companies that are incorporated in Africa and offshore listings of companies incorporated outside of Africa that generate at least 50% of their revenues in Africa. The weighting of each country in the index is determined by the size of its GDP relative to the GDPs of the other countries represented in the index. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$16.07
Average Daily Volume
14,044
9
FCEF
First Trust CEF Income Opportunity ETF
FCEF Description
The First Trust CEF Income Opportunity ETF is an actively managed exchange-traded fund. The Fund's investment objective is to provide current income with a secondary emphasis on total return. Under normal market conditions, the Fund will seek to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in a portfolio of closed-end investment companies that are listed and traded in the United States on registered exchanges.Grade (RS Rating)
Last Trade
$22.11
Average Daily Volume
7,568
46
Performance
Period | AFK | FCEF |
---|---|---|
30 Days | -5.69% | -0.16% |
60 Days | -3.17% | 1.57% |
90 Days | -4.23% | 3.51% |
12 Months | 18.81% | 24.87% |
0 Overlapping Holdings
Symbol | Grade | Weight in AFK | Weight in FCEF | Overlap |
---|
AFK Underweight 46 Positions Relative to FCEF
Symbol | Grade | Weight | |
---|---|---|---|
ETG | B | -4.02% | |
HTD | A | -3.33% | |
ETO | C | -3.3% | |
EVT | A | -3.25% | |
THQ | D | -3.22% | |
SOR | B | -3.19% | |
VRIG | A | -3.16% | |
ASGI | C | -3.16% | |
HQH | D | -3.14% | |
GDV | A | -2.95% | |
JPC | A | -2.55% | |
TY | A | -2.52% | |
JQC | A | -2.52% | |
UTF | B | -2.48% | |
RNP | C | -2.36% | |
BCAT | A | -2.28% | |
NPFD | A | -2.25% | |
BGB | A | -2.2% | |
PDO | C | -2.14% | |
CET | B | -2.02% | |
GAM | B | -2.02% | |
UTG | A | -1.87% | |
JFR | A | -1.63% | |
JRI | A | -1.52% | |
PEO | A | -1.44% | |
EVG | D | -1.44% | |
PDX | A | -1.39% | |
RA | C | -1.24% | |
AIO | A | -1.03% | |
NBB | D | -1.0% | |
QQQX | B | -1.0% | |
CII | B | -0.99% | |
KYN | A | -0.82% | |
WIW | D | -0.75% | |
HIO | B | -0.74% | |
BCX | C | -0.73% | |
BIT | D | -0.72% | |
BUI | D | -0.7% | |
TPZ | A | -0.56% | |
RMT | B | -0.52% | |
BTZ | D | -0.49% | |
HQL | D | -0.47% | |
JLS | C | -0.47% | |
BME | D | -0.45% | |
DPG | A | -0.41% | |
DLY | A | -0.23% |
AFK: Top Represented Industries & Keywords
FCEF: Top Represented Industries & Keywords