FCEF vs. DRIP ETF Comparison
Comparison of First Trust CEF Income Opportunity ETF (FCEF) to Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares (DRIP)
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
$20.28
Average Daily Volume
5,916
48
DRIP
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares
DRIP Description
The investment seeks daily investment results, of 300% of the inverse (or opposite) of the performance of the S&P Oil & Gas Exploration & Production Select Industry Index ("index"). The index is provided by S&P and includes domestic companies from the oil and gas exploration and production sub-industry. The fund normally creates short positions by investing at least 80% of its assets in: swap agreements; options on securities and indices; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse leveraged and unleveraged exposure to the index. It is non-diversified.Grade (RS Rating)
Last Trade
$9.33
Average Daily Volume
1,395,119
35
Performance
| Period | FCEF | DRIP |
|---|---|---|
| 30 Days | -0.90% | 11.34% |
| 60 Days | 0.86% | -9.31% |
| 90 Days | 2.57% | -23.35% |
| 12 Months | 14.03% | -41.75% |
0 Overlapping Holdings
| Symbol | Grade | Weight in FCEF | Weight in DRIP | Overlap |
|---|
FCEF Overweight 48 Positions Relative to DRIP
| Symbol | Grade | Weight | |
|---|---|---|---|
| ETG | C | 3.95% | |
| ARDC | A | 3.52% | |
| HQH | C | 3.52% | |
| THQ | A | 3.52% | |
| HTD | A | 3.35% | |
| SOR | A | 3.31% | |
| VRIG | A | 3.24% | |
| ETO | C | 3.23% | |
| ASGI | A | 3.22% | |
| EVT | B | 3.2% | |
| GDV | D | 3.01% | |
| JQC | A | 2.8% | |
| TY | C | 2.76% | |
| BST | C | 2.66% | |
| GHY | B | 2.51% | |
| RNP | D | 2.5% | |
| UTF | A | 2.49% | |
| JPC | A | 2.49% | |
| BGB | A | 2.29% | |
| PDO | A | 2.26% | |
| BCAT | B | 1.99% | |
| CET | A | 1.98% | |
| GAM | A | 1.97% | |
| JFR | A | 1.75% | |
| UTG | A | 1.74% | |
| RVT | C | 1.72% | |
| EVG | A | 1.54% | |
| PEO | B | 1.52% | |
| NPFD | B | 1.5% | |
| JRI | B | 1.49% | |
| PGZ | C | 1.48% | |
| DSL | C | 1.25% | |
| CII | C | 0.99% | |
| AIO | A | 0.98% | |
| BCX | A | 0.78% | |
| BUI | A | 0.77% | |
| QQQX | C | 0.74% | |
| HIO | C | 0.72% | |
| BIT | B | 0.66% | |
| KYN | B | 0.52% | |
| HQL | B | 0.51% | |
| PDX | B | 0.5% | |
| JLS | A | 0.5% | |
| RMT | C | 0.49% | |
| TPZ | A | 0.48% | |
| DLY | C | 0.25% | |
| BME | C | 0.25% | |
| IGI | C | 0.02% |
FCEF Underweight 35 Positions Relative to DRIP
| Symbol | Grade | Weight | |
|---|---|---|---|
| APA | F | -3.67% | |
| OXY | B | -2.91% | |
| EOG | B | -2.71% | |
| HES | B | -2.69% | |
| DVN | B | -2.64% | |
| PXD | B | -2.56% | |
| FANG | B | -2.52% | |
| COP | B | -2.49% | |
| PBF | B | -2.49% | |
| MRO | B | -2.49% | |
| MUR | B | -2.43% | |
| XOM | B | -2.37% | |
| CVX | B | -2.35% | |
| MPC | B | -2.33% | |
| VLO | B | -2.33% | |
| RRC | B | -2.2% | |
| PSX | D | -2.19% | |
| EQT | A | -2.13% | |
| MTDR | D | -2.02% | |
| SM | B | -1.98% | |
| SWN | B | -1.96% | |
| DK | F | -1.95% | |
| KOS | F | -1.87% | |
| CNX | B | -1.51% | |
| AR | A | -1.4% | |
| CRC | D | -1.13% | |
| CVI | F | -0.96% | |
| MGY | B | -0.62% | |
| WTI | F | -0.59% | |
| NOG | B | -0.54% | |
| TELL | F | -0.46% | |
| GPRE | F | -0.33% | |
| PARR | F | -0.3% | |
| TALO | D | -0.27% | |
| REX | B | -0.13% |
FCEF: Top Represented Industries & Keywords
DRIP: Top Represented Industries & Keywords
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