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
$18.46
Average Daily Volume
2,387
100
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
$20.12
Average Daily Volume
5,780
48
Performance
Period | CEFD | FCEF |
---|---|---|
30 Days | -6.07% | -2.32% |
60 Days | -3.81% | 0.04% |
90 Days | 0.36% | 2.36% |
12 Months | 9.19% | 11.40% |
14 Overlapping Holdings
Symbol | Grade | Weight in CEFD | Weight in FCEF | Overlap | |
---|---|---|---|---|---|
BCX | A | 1.2% | 0.78% | 0.78% | |
BIT | B | 1.01% | 0.66% | 0.66% | |
BME | C | 0.54% | 0.25% | 0.25% | |
BST | B | 0.92% | 2.66% | 0.92% | |
CII | B | 1.07% | 0.99% | 0.99% | |
DSL | B | 1.77% | 1.25% | 1.25% | |
EVG | C | 0.38% | 1.54% | 0.38% | |
GHY | B | 1.16% | 2.51% | 1.16% | |
HIO | C | 1.19% | 0.72% | 0.72% | |
HTD | A | 0.94% | 3.35% | 0.94% | |
JLS | A | 0.14% | 0.5% | 0.14% | |
JPC | B | 1.18% | 2.49% | 1.18% | |
JQC | A | 1.66% | 2.8% | 1.66% | |
QQQX | B | 1.26% | 0.74% | 0.74% |
CEFD Overweight 86 Positions Relative to FCEF
Symbol | Grade | Weight | |
---|---|---|---|
EVV | C | 2.63% | |
BDJ | B | 2.39% | |
HYT | A | 2.19% | |
BTZ | B | 2.16% | |
NXDT | F | 1.9% | |
AWF | B | 1.83% | |
BXMX | B | 1.65% | |
EMD | B | 1.5% | |
WIW | B | 1.37% | |
BHK | C | 1.3% | |
BOE | B | 1.23% | |
RA | D | 1.17% | |
BGY | B | 1.09% | |
HIX | D | 1.01% | |
EOS | B | 1.0% | |
IGD | A | 0.98% | |
EFT | A | 0.95% | |
FSD | B | 0.95% | |
BLW | C | 0.92% | |
EAD | B | 0.9% | |
ISD | B | 0.88% | |
LDP | B | 0.84% | |
FFC | B | 0.83% | |
EFR | A | 0.82% | |
FRA | A | 0.82% | |
TEI | B | 0.75% | |
PHK | B | 0.75% | |
EOI | B | 0.73% | |
MIN | B | 0.71% | |
EHI | B | 0.71% | |
NBB | C | 0.71% | |
MCR | B | 0.7% | |
PDT | B | 0.69% | |
DIAX | C | 0.69% | |
PPT | C | 0.67% | |
WIA | C | 0.66% | |
MMT | B | 0.64% | |
GOF | A | 0.64% | |
JPI | B | 0.63% | |
BKT | D | 0.62% | |
PFN | B | 0.59% | |
JGH | B | 0.59% | |
FCT | A | 0.58% | |
ERC | D | 0.57% | |
HPS | B | 0.55% | |
HYI | C | 0.55% | |
DFP | B | 0.55% | |
BGT | B | 0.49% | |
HPI | B | 0.47% | |
PHD | A | 0.44% | |
BGH | C | 0.44% | |
FTF | A | 0.43% | |
GBAB | C | 0.42% | |
HYB | B | 0.39% | |
IDE | B | 0.38% | |
DHF | C | 0.38% | |
PHT | B | 0.38% | |
TSI | C | 0.37% | |
ETB | B | 0.37% | |
FT | A | 0.37% | |
STK | C | 0.37% | |
DHY | A | 0.36% | |
HPF | A | 0.36% | |
MSD | B | 0.34% | |
INSI | A | 0.34% | |
FFA | C | 0.32% | |
DBL | B | 0.31% | |
GDO | C | 0.31% | |
PSF | C | 0.31% | |
VBF | C | 0.3% | |
BGR | A | 0.3% | |
PIM | B | 0.3% | |
PFL | B | 0.29% | |
IGA | A | 0.29% | |
OPP | A | 0.29% | |
SPXX | B | 0.27% | |
FLC | B | 0.24% | |
MCN | C | 0.24% | |
CIK | B | 0.24% | |
WEA | A | 0.22% | |
FAM | C | 0.21% | |
VLT | B | 0.19% | |
MGF | B | 0.19% | |
VGI | B | 0.18% | |
HEQ | B | 0.18% | |
GNT | A | 0.14% |
CEFD Underweight 34 Positions Relative to FCEF
Symbol | Grade | Weight | |
---|---|---|---|
ETG | B | -3.95% | |
ARDC | A | -3.52% | |
HQH | B | -3.52% | |
THQ | B | -3.52% | |
SOR | A | -3.31% | |
VRIG | A | -3.24% | |
ETO | B | -3.23% | |
ASGI | B | -3.22% | |
EVT | B | -3.2% | |
GDV | C | -3.01% | |
TY | B | -2.76% | |
RNP | C | -2.5% | |
UTF | A | -2.49% | |
BGB | A | -2.29% | |
PDO | A | -2.26% | |
BCAT | C | -1.99% | |
CET | A | -1.98% | |
GAM | B | -1.97% | |
JFR | A | -1.75% | |
UTG | A | -1.74% | |
RVT | C | -1.72% | |
PEO | A | -1.52% | |
NPFD | B | -1.5% | |
JRI | B | -1.49% | |
PGZ | B | -1.48% | |
AIO | B | -0.98% | |
BUI | A | -0.77% | |
KYN | A | -0.52% | |
HQL | B | -0.51% | |
PDX | A | -0.5% | |
RMT | B | -0.49% | |
TPZ | A | -0.48% | |
DLY | C | -0.25% | |
IGI | C | -0.02% |
CEFD: Top Represented Industries & Keywords
FCEF: Top Represented Industries & Keywords