CEFD vs. FCEF ETF Comparison
Comparison of ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD) to First Trust CEF Income Opportunity ETF (FCEF)
CEFD
ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN
CEFD Description
The investment seeks to provide 1.5 times leveraged long exposure to the compounded quarterly performance of the S-Network Composite Closed-End Fund Index (the ?index?), reduced by the Accrued Fees. The index is a mutual fund index designed to serve as a benchmark for closed-end funds listed in the U.S. that are principally engaged in asset management processes designed to produce taxable annual yield.
Grade (RS Rating)
Last Trade
$19.99
Average Daily Volume
1,960
Number of Holdings
*
99
* may have additional holdings in another (foreign) market
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
$22.00
Average Daily Volume
7,599
Number of Holdings
*
46
* may have additional holdings in another (foreign) market
Performance
| Period | CEFD | FCEF |
|---|---|---|
| 30 Days | -0.91% | -0.72% |
| 60 Days | 0.32% | 1.04% |
| 90 Days | 4.37% | 3.79% |
| 12 Months | 28.53% | 24.62% |
15 Overlapping Holdings
| Symbol | Grade | Weight in CEFD | Weight in FCEF | Overlap | |
|---|---|---|---|---|---|
| BCX | D | 1.2% | 0.73% | 0.73% | |
| BIT | C | 1.01% | 0.72% | 0.72% | |
| BME | D | 0.54% | 0.45% | 0.45% | |
| BTZ | D | 2.16% | 0.49% | 0.49% | |
| CII | B | 1.07% | 0.99% | 0.99% | |
| EVG | C | 0.38% | 1.44% | 0.38% | |
| HIO | C | 1.19% | 0.74% | 0.74% | |
| HTD | A | 0.94% | 3.33% | 0.94% | |
| JLS | C | 0.14% | 0.47% | 0.14% | |
| JPC | A | 1.18% | 2.55% | 1.18% | |
| JQC | A | 1.66% | 2.52% | 1.66% | |
| NBB | D | 0.71% | 1.0% | 0.71% | |
| QQQX | B | 1.26% | 1.0% | 1.0% | |
| RA | C | 1.17% | 1.24% | 1.17% | |
| WIW | C | 1.37% | 0.75% | 0.75% |
CEFD Overweight 84 Positions Relative to FCEF
| Symbol | Grade | Weight | |
|---|---|---|---|
| EVV | C | 2.63% | |
| BDJ | B | 2.39% | |
| HYT | A | 2.19% | |
| NXDT | F | 1.9% | |
| AWF | D | 1.83% | |
| DSL | C | 1.77% | |
| BXMX | A | 1.65% | |
| EMD | C | 1.5% | |
| BHK | D | 1.3% | |
| BOE | B | 1.23% | |
| GHY | B | 1.16% | |
| BGY | D | 1.09% | |
| HIX | A | 1.01% | |
| EOS | A | 1.0% | |
| IGD | A | 0.98% | |
| EFT | A | 0.95% | |
| BST | B | 0.92% | |
| BLW | C | 0.92% | |
| EAD | C | 0.9% | |
| ISD | C | 0.88% | |
| LDP | C | 0.84% | |
| FFC | D | 0.83% | |
| EFR | A | 0.82% | |
| FRA | A | 0.82% | |
| TEI | D | 0.75% | |
| PHK | B | 0.75% | |
| EOI | A | 0.73% | |
| MIN | C | 0.71% | |
| EHI | C | 0.71% | |
| MCR | D | 0.7% | |
| PDT | C | 0.69% | |
| DIAX | A | 0.69% | |
| PPT | D | 0.67% | |
| WIA | D | 0.66% | |
| MMT | D | 0.64% | |
| GOF | A | 0.64% | |
| JPI | C | 0.63% | |
| BKT | D | 0.62% | |
| PFN | B | 0.59% | |
| JGH | B | 0.59% | |
| FCT | A | 0.58% | |
| ERC | C | 0.57% | |
| HPS | D | 0.55% | |
| HYI | C | 0.55% | |
| DFP | D | 0.55% | |
| BGT | B | 0.49% | |
| HPI | D | 0.47% | |
| PHD | A | 0.44% | |
| BGH | B | 0.44% | |
| FTF | C | 0.43% | |
| GBAB | D | 0.42% | |
| HYB | A | 0.39% | |
| IDE | A | 0.38% | |
| DHF | A | 0.38% | |
| PHT | C | 0.38% | |
| TSI | D | 0.37% | |
| ETB | A | 0.37% | |
| FT | A | 0.37% | |
| STK | A | 0.37% | |
| DHY | A | 0.36% | |
| HPF | D | 0.36% | |
| MSD | D | 0.34% | |
| INSI | D | 0.34% | |
| FFA | A | 0.32% | |
| DBL | D | 0.31% | |
| GDO | D | 0.31% | |
| PSF | D | 0.31% | |
| VBF | D | 0.3% | |
| BGR | A | 0.3% | |
| PIM | D | 0.3% | |
| PFL | C | 0.29% | |
| IGA | A | 0.29% | |
| OPP | D | 0.29% | |
| SPXX | A | 0.27% | |
| FLC | D | 0.24% | |
| MCN | C | 0.24% | |
| CIK | D | 0.24% | |
| WEA | A | 0.22% | |
| FAM | B | 0.21% | |
| VLT | C | 0.19% | |
| MGF | D | 0.19% | |
| VGI | C | 0.18% | |
| HEQ | C | 0.18% | |
| GNT | C | 0.14% |
CEFD Underweight 31 Positions Relative to FCEF
| Symbol | Grade | Weight | |
|---|---|---|---|
| ETG | C | -4.02% | |
| ETO | C | -3.3% | |
| EVT | A | -3.25% | |
| THQ | D | -3.22% | |
| SOR | B | -3.19% | |
| VRIG | A | -3.16% | |
| ASGI | A | -3.16% | |
| HQH | D | -3.14% | |
| GDV | B | -2.95% | |
| TY | B | -2.52% | |
| UTF | C | -2.48% | |
| RNP | D | -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% | |
| PDX | A | -1.39% | |
| AIO | B | -1.03% | |
| KYN | A | -0.82% | |
| BUI | D | -0.7% | |
| TPZ | A | -0.56% | |
| RMT | B | -0.52% | |
| HQL | D | -0.47% | |
| DPG | A | -0.41% | |
| DLY | A | -0.23% |
CEFD: Top Represented Industries & Keywords
Industries:
Asset Management
Keywords:
ETF
Exchange Traded Fund
Mutual Fund
Bond
Bond Market
Fixed Income
Stock Fund
High Yield Debt
Income Trust
Blackrock
Debt Securities
Structured Finance
U.S. Government
Western Asset Management Company
Eaton Vance
Financial Management
Mortgage Backed Security
Bond Fund
Credit Suisse
Exchange Traded Funds
FCEF: Top Represented Industries & Keywords
Industries:
Asset Management
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