CEFS vs. RTAI ETF Comparison

Comparison of Exchange Listed Funds Trust ETF (CEFS) to Rareview Tax Advantaged Income ETF (RTAI)
CEFS

Exchange Listed Funds Trust ETF

CEFS Description

The investment seeks to provide capital appreciation and dividend income. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by normally investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities issued by closed-end funds (the "underlying funds"). The advisor expects to invest in underlying funds operated by a diversified group of closed-end fund managers ("underlying fund managers"). The fund normally invests in underlying funds that primarily pursue high yield opportunities.

Grade (RS Rating)

Last Trade

$20.67

Average Daily Volume

50,747

Number of Holdings *

86

* may have additional holdings in another (foreign) market
RTAI

Rareview Tax Advantaged Income ETF

RTAI Description The investment seeks total return with an emphasis on providing current income, a substantial portion of which will be exempt from federal income taxes. Under normal market conditions, the fund will invest in municipal bond closed-end funds trading at a discount or premium to their underlying net asset value and that pay regular periodic cash distributions. While it will invest primarily in closed-end funds, the fund may invest up to 30% of its assets in municipal or short term Treasury ETFs if in the adviser's discretion, the ETFs will provide a better investment opportunity or liquidity for the asset class. It is non-diversified.

Grade (RS Rating)

Last Trade

$21.07

Average Daily Volume

800

Number of Holdings *

13

* may have additional holdings in another (foreign) market
Performance
Period CEFS RTAI
30 Days 5.75% 2.07%
60 Days 8.54% 1.25%
90 Days 11.30% 3.46%
12 Months 29.14% 7.12%
3 Overlapping Holdings
Symbol Grade Weight in CEFS Weight in RTAI Overlap
NAD A 0.01% 12.85% 0.01%
NVG B 0.0% 13.78% 0.0%
NZF B 0.72% 14.15% 0.72%
CEFS Overweight 83 Positions Relative to RTAI
Symbol Grade Weight
BIGZ B 23.04%
EMO A 18.74%
ADX A 11.52%
ASA C 10.69%
BCAT A 9.88%
CTR B 9.82%
BFZ C 8.55%
ENX C 6.49%
PDX A 5.63%
ASGI B 5.38%
NQP B 4.96%
NXJ A 4.84%
BSTZ B 4.11%
JRI B 4.08%
BMEZ B 3.83%
EVM A 3.81%
EDD A 3.54%
VTN A 2.87%
MHI B 2.7%
TEAF B 2.65%
ECF B 1.87%
VPV A 1.8%
FMN B 1.71%
KSM B 1.69%
PGZ C 1.61%
NTG B 1.53%
IDE A 1.34%
NBH B 1.22%
IHD B 1.15%
CEV C 1.11%
DMF A 1.05%
HQL D 0.98%
NFJ A 0.95%
GAM B 0.89%
MAV A 0.84%
HYB B 0.71%
IGA A 0.67%
NDP A 0.51%
HQH D 0.48%
NPFD B 0.47%
CPZ B 0.38%
TWN C 0.36%
CMU A 0.33%
RA D 0.29%
GNT B 0.27%
CXH A 0.25%
SBI A 0.24%
TTP A 0.19%
MPA A 0.18%
DHF A 0.16%
NML B 0.12%
TYG A 0.09%
FEI B 0.09%
AGD A 0.05%
GRX A 0.04%
MXE B 0.03%
BOE B 0.03%
MUC B 0.02%
KTF A 0.02%
MYN B 0.02%
NAN B 0.01%
MFD C 0.01%
PEO A 0.01%
MIY A 0.01%
EOD A 0.01%
NAC B 0.01%
FGB B 0.01%
MHN B 0.01%
VCV A 0.01%
AFB B 0.01%
NOM B 0.0%
GLQ B 0.0%
LGI B 0.0%
FPL A 0.0%
PFO A 0.0%
MVT B 0.0%
BNY A 0.0%
NMT A 0.0%
BHV C 0.0%
NAZ B 0.0%
DSM B 0.0%
CXE B 0.0%
MUJ A 0.0%
CEFS Underweight 10 Positions Relative to RTAI
Symbol Grade Weight
MMU A -10.96%
IQI A -8.58%
VKQ B -8.34%
BLE A -7.91%
NEA A -6.79%
IIM A -5.66%
VMO A -4.28%
MYD B -2.7%
MVF B -2.37%
MYI C -1.14%
Compare ETFs