FCEF vs. RIET ETF Comparison

Comparison of First Trust CEF Income Opportunity ETF (FCEF) to Hoya Capital High Dividend Yield ETF (RIET)

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

$21.85

Average Daily Volume

8,535

Number of Holdings ^*

* may have additional holdings in another (foreign) market

RIET

Hoya Capital High Dividend Yield ETF

RIET Description

Hoya Capital High Dividend Yield ETF is an exchange traded fund launched by ETF Series Solutions. The fund is co-managed by Hoya Capital Real Estate, LLC and Penserra Capital Management, LLC. It invests in the public equity markets of the United States. The fund invests in the stocks of companies operating in the financial, diversified financials, mortgage real estate investment trust, real estate investment trusts, real estate, equity real estate investment trust, real estate management and development and real estate operating companies sectors. The fund invests in dividend paying, growth and value stocks of companies across diversified market capitalizations. It replicates the performance of the Hoya Capital High Dividend Yield Index, by using full replication technique. Hoya Capital High Dividend Yield ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$10.47

Average Daily Volume

61,493

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FCEF	RIET
30 Days	-1.31%	-5.78%
60 Days	0.46%	-5.33%
90 Days	3.41%	1.67%
12 Months	24.67%	17.72%

0 Overlapping Holdings

	Symbol	Grade	Weight in FCEF	Weight in RIET	Overlap

FCEF Overweight 46 Positions Relative to RIET

Symbol	Grade	Weight
ETG	C	3.94%
THQ	D	3.45%
HQH	D	3.32%
ETO	C	3.32%
HTD	C	3.28%
SOR	B	3.2%
EVT	A	3.19%
ASGI	C	3.12%
VRIG	A	3.08%
GDV	B	2.93%
TY	B	2.51%
JPC	A	2.51%
JQC	A	2.5%
UTF	C	2.46%
RNP	D	2.38%
NPFD	C	2.27%
BCAT	A	2.27%
PDO	D	2.16%
BGB	A	2.15%
CET	C	2.08%
GAM	B	2.0%
UTG	A	1.79%
JFR	A	1.6%
JRI	B	1.52%
EVG	C	1.44%
PEO	A	1.41%
PDX	A	1.3%
RA	C	1.24%
AIO	B	1.04%
QQQX	B	1.0%
NBB	D	1.0%
CII	B	0.98%
KYN	A	0.8%
WIW	C	0.75%
HIO	C	0.75%
BCX	C	0.75%
BIT	C	0.72%
BUI	C	0.68%
TPZ	A	0.54%
RMT	B	0.53%
HQL	D	0.5%
BTZ	C	0.49%
BME	D	0.47%
JLS	C	0.47%
DPG	A	0.39%
DLY	C	0.23%

FCEF Underweight 63 Positions Relative to RIET

Symbol	Grade	Weight
UNIT	B	-1.97%
BXP	D	-1.89%
OHI	C	-1.76%
CLPR	D	-1.74%
KRC	C	-1.72%
NSA	C	-1.63%
DOC	D	-1.61%
SPG	A	-1.59%
EXR	C	-1.56%
GLPI	D	-1.51%
VICI	C	-1.49%
EQR	C	-1.48%
APLE	B	-1.47%
O	D	-1.47%
SBRA	C	-1.46%
HIW	D	-1.45%
CCI	D	-1.45%
STWD	D	-1.4%
KREF	D	-1.37%
OUT	C	-1.37%
NNN	D	-1.36%
AGNC	C	-1.35%
OLP	A	-1.34%
WPC	D	-1.33%
GOOD	B	-1.31%
BDN	D	-1.28%
BNL	D	-1.27%
CTO	B	-1.27%
DEA	D	-1.26%
NREF	A	-1.24%
LTC	B	-1.23%
UHT	D	-1.23%
CIO	F	-1.23%
ABR	C	-1.23%
EPR	D	-1.2%
ACRE	B	-1.19%
BXMT	D	-1.19%
PSTL	C	-1.18%
ALX	D	-1.18%
GNL	D	-1.17%
TRTX	B	-1.16%
FBRT	C	-1.15%
LADR	A	-1.15%
EFC	D	-1.13%
BRSP	B	-1.11%
DX	A	-1.11%
GMRE	D	-1.1%
GPMT	C	-1.09%
PMT	D	-1.08%
IIPR	F	-1.08%
AHH	D	-1.07%
CMTG	D	-1.06%
ARI	D	-0.99%
MPW	F	-0.98%
CHMI	F	-0.96%
CHCT	C	-0.91%
RC	F	-0.91%
AFCG	F	-0.86%
SACH	F	-0.73%
SVC	F	-0.62%
NYMTN	C	-0.33%
NYMTM	A	-0.31%
AGNCN	A	-0.3%

FCEF: Top Represented Industries & Keywords

Industries: Asset Management