FCEF vs. CEFD ETF Comparison
Comparison of First Trust CEF Income Opportunity ETF (FCEF) to ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD)
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
$20.11
Average Daily Volume
5,715
48
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
$18.54
Average Daily Volume
2,427
100
Performance
| Period | FCEF | CEFD |
|---|---|---|
| 30 Days | -1.68% | -4.98% |
| 60 Days | 1.35% | -1.67% |
| 90 Days | 2.45% | 1.01% |
| 12 Months | 12.07% | 10.91% |
14 Overlapping Holdings
| Symbol | Grade | Weight in FCEF | Weight in CEFD | Overlap | |
|---|---|---|---|---|---|
| BCX | A | 0.78% | 1.2% | 0.78% | |
| BIT | B | 0.66% | 1.01% | 0.66% | |
| BME | C | 0.25% | 0.54% | 0.25% | |
| BST | C | 2.66% | 0.92% | 0.92% | |
| CII | C | 0.99% | 1.07% | 0.99% | |
| DSL | C | 1.25% | 1.77% | 1.25% | |
| EVG | B | 1.54% | 0.38% | 0.38% | |
| GHY | C | 2.51% | 1.16% | 1.16% | |
| HIO | C | 0.72% | 1.19% | 0.72% | |
| HTD | A | 3.35% | 0.94% | 0.94% | |
| JLS | A | 0.5% | 0.14% | 0.14% | |
| JPC | B | 2.49% | 1.18% | 1.18% | |
| JQC | A | 2.8% | 1.66% | 1.66% | |
| QQQX | C | 0.74% | 1.26% | 0.74% |
FCEF Overweight 34 Positions Relative to CEFD
| Symbol | Grade | Weight | |
|---|---|---|---|
| ETG | C | 3.95% | |
| ARDC | A | 3.52% | |
| HQH | C | 3.52% | |
| THQ | C | 3.52% | |
| SOR | A | 3.31% | |
| VRIG | A | 3.24% | |
| ETO | B | 3.23% | |
| ASGI | B | 3.22% | |
| EVT | B | 3.2% | |
| GDV | C | 3.01% | |
| TY | C | 2.76% | |
| RNP | C | 2.5% | |
| UTF | A | 2.49% | |
| BGB | A | 2.29% | |
| PDO | A | 2.26% | |
| BCAT | C | 1.99% | |
| CET | A | 1.98% | |
| GAM | A | 1.97% | |
| JFR | A | 1.75% | |
| UTG | B | 1.74% | |
| RVT | C | 1.72% | |
| PEO | B | 1.52% | |
| NPFD | C | 1.5% | |
| JRI | B | 1.49% | |
| PGZ | C | 1.48% | |
| AIO | B | 0.98% | |
| BUI | B | 0.77% | |
| KYN | A | 0.52% | |
| HQL | C | 0.51% | |
| PDX | A | 0.5% | |
| RMT | C | 0.49% | |
| TPZ | A | 0.48% | |
| DLY | C | 0.25% | |
| IGI | D | 0.02% |
FCEF Underweight 86 Positions Relative to CEFD
| Symbol | Grade | Weight | |
|---|---|---|---|
| EVV | C | -2.63% | |
| BDJ | B | -2.39% | |
| HYT | A | -2.19% | |
| BTZ | C | -2.16% | |
| NXDT | F | -1.9% | |
| AWF | B | -1.83% | |
| BXMX | C | -1.65% | |
| EMD | C | -1.5% | |
| WIW | B | -1.37% | |
| BHK | D | -1.3% | |
| BOE | C | -1.23% | |
| RA | D | -1.17% | |
| BGY | C | -1.09% | |
| HIX | D | -1.01% | |
| EOS | C | -1.0% | |
| IGD | A | -0.98% | |
| EFT | A | -0.95% | |
| FSD | C | -0.95% | |
| BLW | C | -0.92% | |
| EAD | C | -0.9% | |
| ISD | C | -0.88% | |
| LDP | C | -0.84% | |
| FFC | C | -0.83% | |
| EFR | A | -0.82% | |
| FRA | A | -0.82% | |
| TEI | C | -0.75% | |
| PHK | C | -0.75% | |
| EOI | D | -0.73% | |
| MIN | C | -0.71% | |
| EHI | C | -0.71% | |
| NBB | D | -0.71% | |
| MCR | C | -0.7% | |
| PDT | C | -0.69% | |
| DIAX | C | -0.69% | |
| PPT | C | -0.67% | |
| WIA | B | -0.66% | |
| MMT | B | -0.64% | |
| GOF | A | -0.64% | |
| JPI | A | -0.63% | |
| BKT | D | -0.62% | |
| PFN | C | -0.59% | |
| JGH | C | -0.59% | |
| FCT | A | -0.58% | |
| ERC | D | -0.57% | |
| HPS | B | -0.55% | |
| HYI | D | -0.55% | |
| DFP | C | -0.55% | |
| BGT | B | -0.49% | |
| HPI | B | -0.47% | |
| PHD | A | -0.44% | |
| BGH | A | -0.44% | |
| FTF | A | -0.43% | |
| GBAB | D | -0.42% | |
| HYB | C | -0.39% | |
| IDE | B | -0.38% | |
| DHF | C | -0.38% | |
| PHT | C | -0.38% | |
| TSI | C | -0.37% | |
| ETB | B | -0.37% | |
| FT | A | -0.37% | |
| STK | C | -0.37% | |
| DHY | A | -0.36% | |
| HPF | A | -0.36% | |
| MSD | C | -0.34% | |
| INSI | B | -0.34% | |
| FFA | C | -0.32% | |
| DBL | C | -0.31% | |
| GDO | C | -0.31% | |
| PSF | C | -0.31% | |
| VBF | D | -0.3% | |
| BGR | A | -0.3% | |
| PIM | C | -0.3% | |
| PFL | B | -0.29% | |
| IGA | A | -0.29% | |
| OPP | B | -0.29% | |
| SPXX | C | -0.27% | |
| FLC | C | -0.24% | |
| MCN | C | -0.24% | |
| CIK | C | -0.24% | |
| WEA | B | -0.22% | |
| FAM | C | -0.21% | |
| VLT | B | -0.19% | |
| MGF | B | -0.19% | |
| VGI | C | -0.18% | |
| HEQ | C | -0.18% | |
| GNT | A | -0.14% |
FCEF: Top Represented Industries & Keywords
CEFD: Top Represented Industries & Keywords
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