DALI vs. FCEF ETF Comparison
Comparison of First Trust DorseyWright DALI 1 ETF (DALI) to First Trust CEF Income Opportunity ETF (FCEF)
DALI
First Trust DorseyWright DALI 1 ETF
DALI Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Nasdaq Dorsey Wright DALI 1 Index. Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index has been designed based upon the principle that the asset class exhibiting the highest levels of "relative strength," based on current prices, will be the asset class with the best performance over the near term. It is non-diversified.
Grade (RS Rating)
Last Trade
$26.77
Average Daily Volume
3,933
4
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
$22.11
Average Daily Volume
7,568
46
Performance
| Period | DALI | FCEF |
|---|---|---|
| 30 Days | 5.14% | -0.16% |
| 60 Days | 7.78% | 1.57% |
| 90 Days | 8.49% | 3.51% |
| 12 Months | 19.98% | 24.87% |
0 Overlapping Holdings
| Symbol | Grade | Weight in DALI | Weight in FCEF | Overlap |
|---|
DALI Underweight 46 Positions Relative to FCEF
| Symbol | Grade | Weight | |
|---|---|---|---|
| ETG | B | -4.02% | |
| HTD | A | -3.33% | |
| ETO | C | -3.3% | |
| EVT | A | -3.25% | |
| THQ | D | -3.22% | |
| SOR | B | -3.19% | |
| VRIG | A | -3.16% | |
| ASGI | C | -3.16% | |
| HQH | D | -3.14% | |
| GDV | A | -2.95% | |
| JPC | A | -2.55% | |
| TY | A | -2.52% | |
| JQC | A | -2.52% | |
| UTF | B | -2.48% | |
| RNP | C | -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% | |
| EVG | D | -1.44% | |
| PDX | A | -1.39% | |
| RA | C | -1.24% | |
| AIO | A | -1.03% | |
| NBB | D | -1.0% | |
| QQQX | B | -1.0% | |
| CII | B | -0.99% | |
| KYN | A | -0.82% | |
| WIW | D | -0.75% | |
| HIO | B | -0.74% | |
| BCX | C | -0.73% | |
| BIT | D | -0.72% | |
| BUI | D | -0.7% | |
| TPZ | A | -0.56% | |
| RMT | B | -0.52% | |
| BTZ | D | -0.49% | |
| HQL | D | -0.47% | |
| JLS | C | -0.47% | |
| BME | D | -0.45% | |
| DPG | A | -0.41% | |
| DLY | A | -0.23% |
DALI: Top Represented Industries & Keywords
FCEF: Top Represented Industries & Keywords
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