PFFL vs. FCEF ETF Comparison
Comparison of ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048 (PFFL) to First Trust CEF Income Opportunity ETF (FCEF)
PFFL
ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048
PFFL Description
The investment seeks to provide two times leveraged long exposure to the compounded monthly performance of the Solactive Preferred Stock ETF Index (the “index”). The index is designed to track the price movements of an equally weighted portfolio of two exchange-traded funds (“ETFs”) that hold preferred securities of various issuers. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.
Grade (RS Rating)
Last Trade
$9.78
Average Daily Volume
3,267
2
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
$22.00
Average Daily Volume
7,599
46
Performance
Period | PFFL | FCEF |
---|---|---|
30 Days | -5.76% | -0.72% |
60 Days | -7.53% | 1.04% |
90 Days | 1.02% | 3.79% |
12 Months | 20.62% | 24.62% |
0 Overlapping Holdings
Symbol | Grade | Weight in PFFL | Weight in FCEF | Overlap |
---|
PFFL Underweight 46 Positions Relative to FCEF
Symbol | Grade | Weight | |
---|---|---|---|
ETG | C | -4.02% | |
HTD | A | -3.33% | |
ETO | C | -3.3% | |
EVT | A | -3.25% | |
THQ | D | -3.22% | |
SOR | B | -3.19% | |
VRIG | A | -3.16% | |
ASGI | A | -3.16% | |
HQH | D | -3.14% | |
GDV | B | -2.95% | |
JPC | A | -2.55% | |
TY | B | -2.52% | |
JQC | A | -2.52% | |
UTF | C | -2.48% | |
RNP | D | -2.36% | |
BCAT | A | -2.28% | |
NPFD | A | -2.25% | |
BGB | A | -2.2% | |
PDO | C | -2.14% | |
CET | B | -2.02% | |
GAM | B | -2.02% | |
UTG | A | -1.87% | |
JFR | A | -1.63% | |
JRI | A | -1.52% | |
PEO | A | -1.44% | |
EVG | C | -1.44% | |
PDX | A | -1.39% | |
RA | C | -1.24% | |
AIO | B | -1.03% | |
NBB | D | -1.0% | |
QQQX | B | -1.0% | |
CII | B | -0.99% | |
KYN | A | -0.82% | |
WIW | C | -0.75% | |
HIO | C | -0.74% | |
BCX | D | -0.73% | |
BIT | C | -0.72% | |
BUI | D | -0.7% | |
TPZ | A | -0.56% | |
RMT | B | -0.52% | |
BTZ | D | -0.49% | |
HQL | D | -0.47% | |
JLS | C | -0.47% | |
BME | D | -0.45% | |
DPG | A | -0.41% | |
DLY | A | -0.23% |
PFFL: Top Represented Industries & Keywords
FCEF: Top Represented Industries & Keywords