FCEF vs. PIFI ETF Comparison

Comparison of First Trust CEF Income Opportunity ETF (FCEF) to ClearShares Piton Intermediate Fixed income ETF (PIFI)
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

Number of Holdings *

48

* may have additional holdings in another (foreign) market
PIFI

ClearShares Piton Intermediate Fixed income ETF

PIFI Description The investment seeks current income consistent with the long term preservation of capital. The fund is an actively managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets (plus borrowings for investment purposes) in debt securities and in derivatives and other instruments that have economic characteristics similar to such securities. It principally invests in U.S.-dollar denominated, investment-grade securities and seeks to typically maintain a dollar-weighted average portfolio maturity of zero to ten years. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$91.00

Average Daily Volume

1,172

Number of Holdings *

1

* may have additional holdings in another (foreign) market
Performance
Period FCEF PIFI
30 Days -0.90% -0.37%
60 Days 0.86% -0.51%
90 Days 2.57% -0.76%
12 Months 14.03% -0.45%
0 Overlapping Holdings
Symbol Grade Weight in FCEF Weight in PIFI Overlap
FCEF Overweight 48 Positions Relative to PIFI
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 1 Positions Relative to PIFI
Symbol Grade Weight
OPER A -3.1%
Compare ETFs