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
48
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
1
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% |
FCEF: Top Represented Industries & Keywords
PIFI: Top Represented Industries & Keywords