FCEF vs. RPV ETF Comparison

Comparison of First Trust CEF Income Opportunity ETF (FCEF) to Guggenheim S&P 500 Pure Value ETF (RPV)

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

RPV

Guggenheim S&P 500 Pure Value ETF

RPV Description

The investment seeks to replicate as closely as possible, before fees and expenses, the performance of the S&P 500 Pure Value Index Total Return. The fund will invest at least 90% of its net assets, plus any borrowings for investment purposes, in the equity securities included in the underlying index. The underlying index is narrow in focus, containing only those S&P 500 companies with strong value characteristics as selected by S&P. It may hold up to 10% of its assets in securities not included in the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$96.05

Average Daily Volume

143,123

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FCEF	RPV
30 Days	1.18%	7.38%
60 Days	1.54%	8.92%
90 Days	3.96%	9.33%
12 Months	25.41%	31.40%

0 Overlapping Holdings

	Symbol	Grade	Weight in FCEF	Weight in RPV	Overlap

FCEF Overweight 46 Positions Relative to RPV

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 93 Positions Relative to RPV

Symbol	Grade	Weight
GM	B	-4.89%
UAL	A	-4.0%
BRK.A	B	-3.71%
MHK	D	-2.32%
VTRS	A	-2.29%
F	C	-2.25%
TSN	B	-2.22%
C	A	-2.17%
CFG	B	-2.12%
KR	B	-1.89%
PARA	C	-1.84%
IVZ	B	-1.82%
VLO	C	-1.75%
KMX	B	-1.51%
COF	B	-1.5%
BG	F	-1.5%
MCK	B	-1.5%
SYF	B	-1.48%
IP	B	-1.47%
SW	A	-1.46%
CVS	D	-1.45%
WBD	C	-1.45%
HPE	B	-1.42%
PSX	C	-1.39%
NRG	B	-1.39%
TFC	A	-1.36%
COR	B	-1.35%
MTB	A	-1.31%
CNC	D	-1.3%
CI	F	-1.26%
CAH	B	-1.24%
BWA	D	-1.21%
BBY	D	-1.18%
WFC	A	-1.15%
UHS	D	-1.12%
BAC	A	-1.1%
LUV	C	-1.07%
BK	A	-1.05%
PRU	A	-1.04%
L	A	-1.02%
HBAN	A	-0.99%
RF	A	-0.95%
KEY	B	-0.93%
AIG	B	-0.92%
STT	A	-0.89%
T	A	-0.88%
GS	A	-0.86%
ADM	D	-0.84%
TAP	C	-0.82%
WBA	F	-0.8%
KHC	F	-0.79%
MOS	F	-0.77%
HIG	B	-0.74%
FITB	A	-0.69%
MET	A	-0.69%
PNC	B	-0.69%
AIZ	A	-0.66%
IFF	D	-0.64%
KMI	A	-0.63%
CINF	A	-0.61%
FOXA	B	-0.61%
EQT	B	-0.6%
BEN	C	-0.6%
EVRG	A	-0.58%
ALL	A	-0.57%
USB	A	-0.56%
VZ	C	-0.55%
CHRW	C	-0.55%
TRV	B	-0.55%
PNW	B	-0.55%
TGT	F	-0.53%
SWK	D	-0.52%
FDX	B	-0.52%
CTVA	C	-0.51%
EMN	D	-0.51%
HPQ	B	-0.5%
PFG	D	-0.49%
EG	C	-0.49%
SYY	B	-0.48%
CAG	D	-0.48%
ES	D	-0.47%
CVX	A	-0.46%
DOW	F	-0.45%
HSIC	B	-0.43%
NWSA	B	-0.42%
ARE	D	-0.42%
LYB	F	-0.41%
ELV	F	-0.41%
ALB	C	-0.38%
LKQ	D	-0.37%
FOX	A	-0.31%
HUM	C	-0.26%
NWS	B	-0.14%

FCEF: Top Represented Industries & Keywords

Industries: Asset Management