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
$20.06
Average Daily Volume
1,992
Number of Holdings
*
99
* 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
$18.70
Average Daily Volume
7,729
Number of Holdings
*
24
* may have additional holdings in another (foreign) market
Performance
Period | CEFD | FXED |
---|---|---|
30 Days | -1.62% | -2.26% |
60 Days | 1.60% | -0.42% |
90 Days | 7.27% | 1.90% |
12 Months | 33.63% | 14.90% |
1 Overlapping Holdings
Symbol | Grade | Weight in CEFD | Weight in FXED | Overlap | |
---|---|---|---|---|---|
AWF | C | 1.83% | 2.85% | 1.83% |
CEFD Overweight 98 Positions Relative to FXED
Symbol | Grade | Weight | |
---|---|---|---|
EVV | A | 2.63% | |
BDJ | A | 2.39% | |
HYT | A | 2.19% | |
BTZ | D | 2.16% | |
NXDT | D | 1.9% | |
DSL | C | 1.77% | |
JQC | A | 1.66% | |
BXMX | A | 1.65% | |
EMD | D | 1.5% | |
WIW | A | 1.37% | |
BHK | C | 1.3% | |
QQQX | A | 1.26% | |
BOE | B | 1.23% | |
BCX | B | 1.2% | |
HIO | A | 1.19% | |
JPC | A | 1.18% | |
RA | A | 1.17% | |
GHY | A | 1.16% | |
BGY | D | 1.09% | |
CII | C | 1.07% | |
HIX | A | 1.01% | |
BIT | B | 1.01% | |
EOS | A | 1.0% | |
IGD | C | 0.98% | |
EFT | A | 0.95% | |
HTD | C | 0.94% | |
BST | B | 0.92% | |
BLW | A | 0.92% | |
EAD | D | 0.9% | |
ISD | A | 0.88% | |
LDP | C | 0.84% | |
FFC | D | 0.83% | |
EFR | A | 0.82% | |
FRA | A | 0.82% | |
TEI | D | 0.75% | |
PHK | A | 0.75% | |
EOI | A | 0.73% | |
MIN | A | 0.71% | |
EHI | D | 0.71% | |
NBB | C | 0.71% | |
MCR | C | 0.7% | |
PDT | D | 0.69% | |
DIAX | B | 0.69% | |
PPT | C | 0.67% | |
WIA | C | 0.66% | |
MMT | A | 0.64% | |
GOF | A | 0.64% | |
JPI | A | 0.63% | |
BKT | D | 0.62% | |
PFN | A | 0.59% | |
JGH | D | 0.59% | |
FCT | A | 0.58% | |
ERC | D | 0.57% | |
HPS | D | 0.55% | |
HYI | A | 0.55% | |
DFP | D | 0.55% | |
BME | D | 0.54% | |
BGT | A | 0.49% | |
HPI | C | 0.47% | |
PHD | A | 0.44% | |
BGH | A | 0.44% | |
FTF | C | 0.43% | |
GBAB | D | 0.42% | |
HYB | C | 0.39% | |
EVG | A | 0.38% | |
IDE | A | 0.38% | |
DHF | C | 0.38% | |
PHT | C | 0.38% | |
TSI | B | 0.37% | |
ETB | A | 0.37% | |
FT | A | 0.37% | |
STK | C | 0.37% | |
DHY | C | 0.36% | |
HPF | C | 0.36% | |
MSD | D | 0.34% | |
INSI | B | 0.34% | |
FFA | C | 0.32% | |
DBL | D | 0.31% | |
GDO | D | 0.31% | |
PSF | D | 0.31% | |
VBF | D | 0.3% | |
BGR | B | 0.3% | |
PIM | C | 0.3% | |
PFL | A | 0.29% | |
IGA | B | 0.29% | |
OPP | D | 0.29% | |
SPXX | A | 0.27% | |
FLC | C | 0.24% | |
MCN | D | 0.24% | |
CIK | D | 0.24% | |
WEA | C | 0.22% | |
FAM | B | 0.21% | |
VLT | A | 0.19% | |
MGF | D | 0.19% | |
VGI | A | 0.18% | |
HEQ | C | 0.18% | |
GNT | C | 0.14% | |
JLS | A | 0.14% |
CEFD Underweight 23 Positions Relative to FXED
Symbol | Grade | Weight | |
---|---|---|---|
HTGC | C | -3.6% | |
ARCC | B | -3.33% | |
GBDC | C | -2.86% | |
PFLT | C | -2.81% | |
TSLX | D | -2.54% | |
CMSD | C | -2.28% | |
SOJD | D | -2.14% | |
SPG | C | -2.08% | |
PCY | D | -2.06% | |
T | A | -1.99% | |
HYEM | A | -1.94% | |
VICI | D | -1.44% | |
WHF | B | -1.42% | |
O | D | -1.18% | |
PLYM | F | -1.17% | |
OHI | B | -1.15% | |
BXSL | B | -1.07% | |
PINE | D | -0.98% | |
NNN | D | -0.75% | |
NHI | C | -0.52% | |
PK | F | -0.5% | |
APLE | C | -0.39% | |
GLPI | D | -0.34% |
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
FXED: Top Represented Industries & Keywords
Industries:
Asset Management
REIT - Diversified
REIT - Retail
Other
REIT - Healthcare Facilities
REIT - Hotel & Motel
REIT - Industrial
Specialty Finance
Telecom Services
Keywords:
Real Estate Investment Trust
Business Development
ETF
Exchange Traded Fund
Private Equity
S&P 500
Venture Capital
Business Development Company
Mezzanine Capital
Real Estate Market
Assisted Living
Batteries
Bond
Debt
Debt Financing
Equity Global Management
Equity Real Estate Investment Trust
Golub Capital
Leveraged Buyout
Loan