FCEF vs. HAPS ETF Comparison

Comparison of First Trust CEF Income Opportunity ETF (FCEF) to Harbor Corporate Culture Small Cap ETF (HAPS)

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

$22.21

Average Daily Volume

7,577

Number of Holdings ^*

* may have additional holdings in another (foreign) market

HAPS

Harbor Corporate Culture Small Cap ETF

HAPS Description

The fund invests at least 80% of its total assets in securities that are included in the index. The index consists of a modified market capitalization-weighted portfolio of equity securities of approximately 200 small cap U.S. companies identified by Irrational Capital LLC those it believes to possess strong corporate culture based on its proprietary scoring methodology.

Grade (RS Rating)

Last Trade

$31.66

Average Daily Volume

141

Number of Holdings ^*

179

* may have additional holdings in another (foreign) market

Performance

Period	FCEF	HAPS
30 Days	1.18%	7.80%
60 Days	1.54%	7.16%
90 Days	3.96%	12.88%
12 Months	25.41%	27.41%

0 Overlapping Holdings

	Symbol	Grade	Weight in FCEF	Weight in HAPS	Overlap

FCEF Overweight 46 Positions Relative to HAPS

Symbol	Grade	Weight
ETG	C	4.02%
HTD	A	3.33%
ETO	D	3.3%
EVT	A	3.25%
THQ	F	3.22%
SOR	C	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	A	2.02%
UTG	A	1.87%
JFR	A	1.63%
JRI	B	1.52%
PEO	C	1.44%
EVG	C	1.44%
PDX	A	1.39%
RA	B	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	C	0.7%
TPZ	A	0.56%
RMT	B	0.52%
BTZ	C	0.49%
HQL	F	0.47%
JLS	C	0.47%
BME	D	0.45%
DPG	A	0.41%
DLY	B	0.23%

FCEF Underweight 179 Positions Relative to HAPS

Symbol	Grade	Weight
AWI	A	-2.18%
CBT	C	-2.02%
PECO	A	-1.99%
MOG.A	B	-1.91%
ACLX	C	-1.89%
RYTM	C	-1.76%
EAT	A	-1.72%
APLE	B	-1.71%
PTCT	B	-1.63%
LOPE	B	-1.58%
AGIO	C	-1.55%
AVT	C	-1.53%
REZI	A	-1.42%
NUVL	D	-1.39%
HLNE	B	-1.37%
KYMR	D	-1.32%
HRI	B	-1.32%
TNL	A	-1.3%
KBH	D	-1.26%
NSA	D	-1.26%
GVA	A	-1.25%
TEX	D	-1.24%
OGS	A	-1.24%
KOS	F	-1.2%
PIPR	B	-1.17%
MC	C	-1.14%
TPG	A	-1.13%
SR	A	-1.11%
RDN	C	-1.1%
YETI	C	-1.02%
LBRT	D	-1.0%
POWL	C	-0.98%
CPA	D	-0.96%
SGRY	F	-0.95%
IVT	B	-0.94%
NSP	D	-0.9%
BROS	B	-0.9%
NTLA	F	-0.86%
AIN	C	-0.8%
CAKE	C	-0.79%
PSMT	C	-0.78%
LAUR	A	-0.77%
BHF	B	-0.75%
FHB	A	-0.74%
ALTR	B	-0.74%
SXT	B	-0.73%
DK	C	-0.72%
UPWK	B	-0.71%
WD	D	-0.71%
HURN	B	-0.69%
STEP	B	-0.69%
ACIW	B	-0.68%
GSAT	C	-0.66%
TRIP	F	-0.64%
AUR	C	-0.62%
WAFD	B	-0.62%
BOX	B	-0.62%
APPF	B	-0.6%
TARS	B	-0.6%
WK	B	-0.57%
CCS	D	-0.57%
BFH	B	-0.57%
KURA	F	-0.56%
FRME	B	-0.56%
ALGT	B	-0.55%
PI	D	-0.55%
JBGS	D	-0.55%
CMPR	D	-0.54%
BANR	B	-0.54%
COLL	F	-0.51%
LGIH	D	-0.51%
MD	B	-0.5%
UPST	B	-0.5%
PLMR	B	-0.5%
TOWN	B	-0.49%
BKE	B	-0.49%
IRWD	F	-0.49%
TROX	D	-0.49%
FLYW	C	-0.48%
EFSC	B	-0.47%
TRMK	B	-0.47%
FORM	D	-0.45%
FROG	C	-0.45%
WSBC	A	-0.44%
TDC	D	-0.44%
AESI	B	-0.44%
CASH	A	-0.43%
PRVA	B	-0.43%
ALRM	C	-0.43%
CRAI	B	-0.42%
SCSC	B	-0.41%
NNI	D	-0.4%
IDT	B	-0.4%
SCS	C	-0.39%
WGO	C	-0.39%
MCY	A	-0.38%
PRGS	A	-0.38%
SONO	C	-0.38%
LOB	B	-0.37%
CSTL	D	-0.35%
VERX	B	-0.35%
VBTX	B	-0.35%
AMN	F	-0.35%
KFRC	D	-0.35%
RPD	C	-0.34%
CENTA	C	-0.33%
UAA	C	-0.33%
HTH	B	-0.32%
PAR	B	-0.31%
ZETA	D	-0.31%
RYI	C	-0.3%
RGNX	F	-0.29%
DOLE	D	-0.29%
VIAV	B	-0.29%
ENV	B	-0.28%
OXM	D	-0.28%
OPEN	D	-0.27%
EXPI	C	-0.27%
KOP	C	-0.27%
BRZE	C	-0.27%
DOCN	D	-0.26%
EXTR	B	-0.26%
OCFC	B	-0.26%
USNA	C	-0.25%
BZH	B	-0.25%
CARG	C	-0.25%
CALX	D	-0.24%
INTA	A	-0.23%
SPT	C	-0.23%
CGEM	F	-0.23%
OBK	B	-0.22%
CSGS	B	-0.21%
VERV	F	-0.21%
SPTN	D	-0.21%
INFN	C	-0.2%
PSCF	A	-0.2%
SDGR	C	-0.19%
FWRG	C	-0.19%
SAGE	F	-0.18%
PRA	C	-0.17%
CARS	B	-0.17%
BY	B	-0.17%
ARLO	C	-0.17%
ASAN	C	-0.17%
LMB	A	-0.17%
ALKT	B	-0.16%
AMCX	C	-0.16%
MBIN	D	-0.15%
ATEN	B	-0.15%
CERT	F	-0.15%
AGS	A	-0.14%
FC	F	-0.14%
COUR	F	-0.13%
VSAT	F	-0.12%
UDMY	F	-0.12%
GDYN	B	-0.12%
YEXT	A	-0.12%
HSTM	B	-0.11%
ALTG	C	-0.1%
BASE	C	-0.1%
NABL	F	-0.1%
RGP	F	-0.1%
HVT	D	-0.1%
ZIP	F	-0.09%
MITK	C	-0.09%
CHGG	D	-0.09%
BIGC	C	-0.08%
NEWT	B	-0.08%
ENFN	A	-0.08%
HCAT	D	-0.07%
IRBT	F	-0.06%
EB	C	-0.06%
SAVE	D	-0.05%
SEMR	B	-0.04%
HMST	D	-0.04%
GPRO	F	-0.04%
DOMO	C	-0.04%
VRA	F	-0.03%
RMAX	C	-0.03%

FCEF: Top Represented Industries & Keywords

Industries: Asset Management