HFND vs. FCEF ETF Comparison

Comparison of Unlimited HFND Multi-Strategy Return Tracker ETF (HFND) to First Trust CEF Income Opportunity ETF (FCEF)
HFND

Unlimited HFND Multi-Strategy Return Tracker ETF

HFND Description

The fund"s portfolio will generally consist of long and short positions in 30 to 50 Underlying ETFs and futures contracts. In addition, the fund may invest in swap agreements. It will not invest in hedge funds. To achieve an appropriate risk/return profile for the fund"s portfolio, the fund will also "short" the securities of Underlying ETFs. It is non-diversified.

Grade (RS Rating)

Last Trade

$21.37

Average Daily Volume

11,270

Number of Holdings *

6

* may have additional holdings in another (foreign) market
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

$20.45

Average Daily Volume

5,848

Number of Holdings *

48

* may have additional holdings in another (foreign) market
Performance
Period HFND FCEF
30 Days -1.48% 0.46%
60 Days 0.47% 1.50%
90 Days 2.62% 3.43%
12 Months 5.95% 16.01%
0 Overlapping Holdings
Symbol Grade Weight in HFND Weight in FCEF Overlap
HFND Overweight 6 Positions Relative to FCEF
Symbol Grade Weight
HYG A 20.25%
BKLN A 7.41%
EWA B 7.17%
VWO A 5.65%
EMHY A 5.13%
VXUS A 5.07%
HFND Underweight 48 Positions Relative to FCEF
Symbol Grade Weight
ETG B -3.95%
ARDC A -3.52%
HQH B -3.52%
THQ A -3.52%
HTD A -3.35%
SOR A -3.31%
VRIG A -3.24%
ETO A -3.23%
ASGI A -3.22%
EVT A -3.2%
GDV C -3.01%
JQC A -2.8%
TY B -2.76%
BST C -2.66%
GHY A -2.51%
RNP C -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 B -1.72%
EVG A -1.54%
PEO B -1.52%
NPFD B -1.5%
JRI B -1.49%
PGZ B -1.48%
DSL A -1.25%
CII B -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 B -0.49%
TPZ A -0.48%
DLY A -0.25%
BME C -0.25%
IGI C -0.02%
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