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
$21.83
Average Daily Volume
7,737
46
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
$11.14
Average Daily Volume
2,772,887
34
Performance
| Period | FCEF | DRIP |
|---|---|---|
| 30 Days | -1.08% | 9.12% |
| 60 Days | 1.26% | 13.88% |
| 90 Days | 4.46% | 6.03% |
| 12 Months | 26.32% | 25.70% |
0 Overlapping Holdings
| Symbol | Grade | Weight in FCEF | Weight in DRIP | Overlap |
|---|
FCEF Overweight 46 Positions Relative to DRIP
| Symbol | Grade | Weight | |
|---|---|---|---|
| ETG | C | 3.89% | |
| HQH | D | 3.3% | |
| THQ | D | 3.27% | |
| HTD | C | 3.26% | |
| ASGI | A | 3.22% | |
| ETO | C | 3.14% | |
| SOR | A | 3.14% | |
| EVT | C | 3.12% | |
| VRIG | A | 3.11% | |
| GDV | C | 2.88% | |
| JPC | A | 2.5% | |
| UTF | C | 2.49% | |
| JQC | A | 2.49% | |
| TY | A | 2.47% | |
| RNP | D | 2.45% | |
| BCAT | C | 2.24% | |
| NPFD | A | 2.23% | |
| PDO | D | 2.17% | |
| BGB | A | 2.15% | |
| CET | A | 2.03% | |
| GAM | C | 1.99% | |
| UTG | B | 1.8% | |
| JFR | A | 1.57% | |
| JRI | B | 1.5% | |
| EVG | A | 1.44% | |
| PEO | B | 1.38% | |
| PDX | C | 1.24% | |
| RA | A | 1.24% | |
| AIO | B | 1.03% | |
| NBB | C | 1.01% | |
| QQQX | A | 0.99% | |
| CII | C | 0.97% | |
| BCX | B | 0.75% | |
| WIW | A | 0.75% | |
| KYN | B | 0.74% | |
| HIO | A | 0.74% | |
| BIT | B | 0.72% | |
| BUI | D | 0.72% | |
| TPZ | A | 0.51% | |
| HQL | D | 0.5% | |
| RMT | D | 0.5% | |
| BTZ | D | 0.48% | |
| BME | D | 0.47% | |
| JLS | A | 0.47% | |
| DPG | C | 0.3% | |
| DLY | C | 0.22% |
FCEF Underweight 34 Positions Relative to DRIP
| Symbol | Grade | Weight | |
|---|---|---|---|
| APA | F | -3.67% | |
| OXY | F | -2.91% | |
| EOG | D | -2.71% | |
| HES | B | -2.69% | |
| DVN | F | -2.64% | |
| FANG | F | -2.52% | |
| COP | D | -2.49% | |
| PBF | F | -2.49% | |
| MRO | C | -2.49% | |
| MUR | F | -2.43% | |
| XOM | C | -2.37% | |
| CVX | A | -2.35% | |
| MPC | F | -2.33% | |
| VLO | F | -2.33% | |
| RRC | D | -2.2% | |
| PSX | F | -2.19% | |
| EQT | C | -2.13% | |
| MTDR | D | -2.02% | |
| SM | F | -1.98% | |
| SWN | C | -1.96% | |
| DK | F | -1.95% | |
| KOS | F | -1.87% | |
| CNX | B | -1.51% | |
| AR | F | -1.4% | |
| CRC | B | -1.13% | |
| CVI | F | -0.96% | |
| MGY | C | -0.62% | |
| WTI | F | -0.59% | |
| NOG | F | -0.54% | |
| TELL | B | -0.46% | |
| GPRE | F | -0.33% | |
| PARR | F | -0.3% | |
| TALO | D | -0.27% | |
| REX | F | -0.13% |
FCEF: Top Represented Industries & Keywords
DRIP: Top Represented Industries & Keywords
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