CEFD vs. FXED ETF Comparison
Comparison of ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD) to Sound Enhanced Fixed Income ETF (FXED)
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
$19.17
Average Daily Volume
2,600
Number of Holdings
*
100
* may have additional holdings in another (foreign) market
FXED
Sound Enhanced Fixed Income ETF
FXED Description
Under normal market conditions, the fund will invest at least 80% of its net assets in fixed income securities. The fund's investments in fixed income securities will typically include U.S. corporate bonds, preferred stock and ETFs that invest in bonds, sovereign debt, and private placement debt securities. It may also invest in fixed income securities issued by U.S. and foreign corporations, securities issued by governments and their agencies, instrumentalities, or sponsored corporations, including supranational organizations. The fund is non-diversified.Grade (RS Rating)
Last Trade
$18.32
Average Daily Volume
8,540
Number of Holdings
*
8
* may have additional holdings in another (foreign) market
Performance
Period | CEFD | FXED |
---|---|---|
30 Days | 0.01% | -0.59% |
60 Days | -0.56% | 0.38% |
90 Days | 2.78% | 1.84% |
12 Months | 14.74% | 13.32% |
1 Overlapping Holdings
Symbol | Grade | Weight in CEFD | Weight in FXED | Overlap | |
---|---|---|---|---|---|
AWF | A | 1.83% | 2.87% | 1.83% |
CEFD Overweight 99 Positions Relative to FXED
Symbol | Grade | Weight | |
---|---|---|---|
EVV | A | 2.63% | |
BDJ | A | 2.39% | |
HYT | A | 2.19% | |
BTZ | C | 2.16% | |
NXDT | F | 1.9% | |
DSL | A | 1.77% | |
JQC | A | 1.66% | |
BXMX | C | 1.65% | |
EMD | C | 1.5% | |
WIW | A | 1.37% | |
BHK | C | 1.3% | |
QQQX | C | 1.26% | |
BOE | A | 1.23% | |
BCX | A | 1.2% | |
HIO | D | 1.19% | |
JPC | A | 1.18% | |
RA | C | 1.17% | |
GHY | A | 1.16% | |
BGY | B | 1.09% | |
CII | C | 1.07% | |
HIX | C | 1.01% | |
BIT | C | 1.01% | |
EOS | A | 1.0% | |
IGD | B | 0.98% | |
EFT | A | 0.95% | |
FSD | A | 0.95% | |
HTD | A | 0.94% | |
BST | C | 0.92% | |
BLW | C | 0.92% | |
EAD | A | 0.9% | |
ISD | C | 0.88% | |
LDP | A | 0.84% | |
FFC | B | 0.83% | |
EFR | A | 0.82% | |
FRA | A | 0.82% | |
TEI | A | 0.75% | |
PHK | C | 0.75% | |
EOI | A | 0.73% | |
MIN | C | 0.71% | |
EHI | A | 0.71% | |
NBB | D | 0.71% | |
MCR | C | 0.7% | |
PDT | A | 0.69% | |
DIAX | D | 0.69% | |
PPT | C | 0.67% | |
WIA | A | 0.66% | |
MMT | A | 0.64% | |
GOF | A | 0.64% | |
JPI | A | 0.63% | |
BKT | D | 0.62% | |
PFN | A | 0.59% | |
JGH | A | 0.59% | |
FCT | A | 0.58% | |
ERC | C | 0.57% | |
HPS | A | 0.55% | |
HYI | C | 0.55% | |
DFP | C | 0.55% | |
BME | D | 0.54% | |
BGT | B | 0.49% | |
HPI | A | 0.47% | |
PHD | A | 0.44% | |
BGH | A | 0.44% | |
FTF | A | 0.43% | |
GBAB | C | 0.42% | |
HYB | A | 0.39% | |
EVG | A | 0.38% | |
IDE | C | 0.38% | |
DHF | A | 0.38% | |
PHT | C | 0.38% | |
TSI | C | 0.37% | |
ETB | A | 0.37% | |
FT | A | 0.37% | |
STK | D | 0.37% | |
DHY | A | 0.36% | |
HPF | A | 0.36% | |
MSD | C | 0.34% | |
INSI | B | 0.34% | |
FFA | C | 0.32% | |
DBL | A | 0.31% | |
GDO | C | 0.31% | |
PSF | C | 0.31% | |
VBF | C | 0.3% | |
BGR | B | 0.3% | |
PIM | A | 0.3% | |
PFL | A | 0.29% | |
IGA | B | 0.29% | |
OPP | A | 0.29% | |
SPXX | C | 0.27% | |
FLC | A | 0.24% | |
MCN | D | 0.24% | |
CIK | D | 0.24% | |
WEA | B | 0.22% | |
FAM | C | 0.21% | |
VLT | A | 0.19% | |
MGF | A | 0.19% | |
VGI | C | 0.18% | |
HEQ | C | 0.18% | |
GNT | B | 0.14% | |
JLS | A | 0.14% |
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
Bond Fund
Eaton Vance
Financial Management
Mortgage Backed Security
Credit Suisse
Exchange Traded Funds
FXED: Top Represented Industries & Keywords
Industries:
Asset Management
Specialty Finance