FCEF vs. BNDX ETF Comparison

Comparison of First Trust CEF Income Opportunity ETF (FCEF) to Vanguard Total International Bond ETF (BNDX)

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

$20.88

Average Daily Volume

5,221

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BNDX

Vanguard Total International Bond ETF

BNDX Description

The investment seeks to track the performance of a benchmark index that measures the investment return of non-U.S. dollar-denominated investment-grade bonds. The fund employs an indexing investment approach designed to track the performance of the Barclays Global Aggregate ex-USD Float Adjusted RIC Capped Index (USD Hedged). This Index provides a broad-based measure of the global, investment-grade, fixed-rate debt markets. It invests by sampling the index. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds included in the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$48.92

Average Daily Volume

3,356,274

Number of Holdings ^*

157

* may have additional holdings in another (foreign) market

Performance

Period	FCEF	BNDX
30 Days	6.71%	0.68%
60 Days	4.45%	0.62%
90 Days	6.12%	0.84%
12 Months	19.44%	4.72%

1 Overlapping Holdings

	Symbol	Grade	Weight in FCEF	Weight in BNDX	Overlap
	BGB	A	2.28%	0.01%	0.01%

FCEF Overweight 46 Positions Relative to BNDX

Symbol	Grade	Weight
ETG	A	3.96%
ARDC	A	3.59%
HQH	A	3.58%
THQ	A	3.56%
HTD	B	3.37%
ASGI	B	3.27%
SOR	A	3.25%
ETO	A	3.24%
EVT	A	3.23%
VRIG	A	3.16%
GDV	A	2.94%
JQC	A	2.79%
BST	B	2.74%
TY	B	2.71%
UTF	B	2.5%
JPC	A	2.5%
GHY	B	2.49%
RNP	B	2.44%
PDO	B	2.25%
BCAT	B	2.01%
GAM	A	1.99%
CET	A	1.95%
UTG	B	1.77%
RVT	B	1.73%
JFR	A	1.72%
EVG	B	1.53%
JRI	B	1.49%
NPFD	B	1.48%
PGZ	B	1.46%
PEO	B	1.45%
DSL	A	1.25%
CII	B	0.99%
AIO	A	0.99%
BUI	B	0.79%
BCX	B	0.77%
QQQX	B	0.74%
HIO	D	0.71%
BIT	D	0.64%
RMT	B	0.51%
KYN	B	0.51%
HQL	A	0.51%
PDX	A	0.49%
JLS	A	0.49%
TPZ	B	0.47%
BME	C	0.25%
DLY	A	0.25%

FCEF Underweight 156 Positions Relative to BNDX

Symbol	Grade	Weight
SPG	C	-0.01%
SO	B	-0.01%
SLB	F	-0.01%
SCOR	F	-0.01%
RTX	B	-0.01%
ZBH	D	-0.01%
XYL	A	-0.01%
WM	D	-0.01%
WHR	F	-0.01%
WELL	A	-0.01%
WBA	F	-0.01%
VTRS	D	-0.01%
VTR	B	-0.01%
VFC	F	-0.01%
UPS	D	-0.01%
TEL	A	-0.01%
TCN	A	-0.01%
TAP	F	-0.01%
SYY	D	-0.01%
SYK	D	-0.01%
AL	B	-0.01%
AIG	C	-0.01%
CP	D	-0.01%
COF	B	-0.01%
EMR	B	-0.01%
EMN	B	-0.01%
NDAQ	C	-0.01%
MSFT	B	-0.01%
EEFT	C	-0.01%
MRK	B	-0.01%
MP	C	-0.01%
CL	B	-0.01%
EDC	A	-0.01%
ECL	B	-0.01%
DXC	F	-0.01%
DSM	B	-0.01%
MMM	A	-0.01%
MHK	C	-0.01%
CE	D	-0.01%
CCEP	A	-0.01%
DIS	D	-0.01%
MET	B	-0.01%
MCO	B	-0.01%
MCK	B	-0.01%
MAN	C	-0.01%
MA	D	-0.01%
LYB	D	-0.01%
LLY	B	-0.01%
BWA	C	-0.01%
BX	B	-0.01%
PEP	B	-0.01%
ORCL	C	-0.01%
BSX	A	-0.01%
IFF	B	-0.01%
PSA	C	-0.01%
KMI	A	-0.01%
KKR	A	-0.01%
K	B	-0.01%
BMY	F	-0.01%
HOG	D	-0.01%
JNJ	D	-0.01%
BLK	C	-0.01%
BIP	C	-0.01%
PPL	A	-0.01%
PPG	D	-0.01%
PM	A	-0.01%
BDX	F	-0.01%
PFE	D	-0.01%
GM	B	-0.01%
GLW	A	-0.01%
GIS	C	-0.01%
OMC	A	-0.01%
OBND	A	-0.01%
O	C	-0.01%
BACA	C	-0.01%
AZN	B	-0.01%
NS	D	-0.01%
ASML	D	-0.01%
APTV	D	-0.01%
APD	D	-0.01%
FDX	D	-0.01%
ITW	D	-0.01%
INTC	F	-0.01%
AON	F	-0.01%
AMT	D	-0.01%
AMGN	B	-0.01%
AMCR	B	-0.01%
ETN	A	-0.01%
NEE	A	-0.01%
DE	C	-0.01%
SE	C	-0.01%
RY	A	-0.01%
TMO	B	-0.01%
XOM	B	-0.01%
WPC	C	-0.01%
VOD	A	-0.01%
USB	C	-0.01%
MUFG	C	-0.01%
CNHI	D	-0.01%
CRH	C	-0.01%
ADM	D	-0.01%
TD	D	-0.01%
MO	A	-0.01%
ABBV	D	-0.01%
AAPL	B	-0.01%
DOV	B	-0.01%
DOW	B	-0.01%
CB	B	-0.01%
DHY	B	-0.01%
DHR	A	-0.01%
MDT	C	-0.01%
MDLZ	C	-0.01%
MCD	D	-0.01%
KO	B	-0.01%
LIN	D	-0.01%
CAF	C	-0.01%
BKNG	B	-0.01%
BHP	D	-0.01%
BG	D	-0.01%
HON	B	-0.01%
IBM	D	-0.01%
JCI	B	-0.01%
BAX	F	-0.01%
GE	C	-0.01%
PG	B	-0.01%
GSK	A	-0.01%
PLD	F	-0.01%
PH	B	-0.01%
EQNR	D	-0.01%
DB	B	-0.01%
FIS	A	-0.01%
BAC	B	-0.01%
GS	A	-0.01%
BMO	C	-0.01%
BNS	C	-0.01%
KSA	D	-0.01%
DLR	C	-0.01%
MS	A	-0.01%
ABT	F	-0.01%
T	B	-0.01%
UBS	C	-0.01%
WMT	D	-0.01%
WFC	A	-0.01%
VZ	C	-0.01%
SEB	D	-0.01%
STLA	D	-0.01%
C	A	-0.01%
EDF	C	-0.01%
DT	D	-0.01%
CMCSA	F	-0.01%
NWG	A	-0.01%
HSBC	A	-0.01%
CM	C	-0.01%
JPM	A	-0.01%
COE	D	-0.01%
CAN	F	-0.01%

FCEF: Top Represented Industries & Keywords

Industries: Asset Management