RDFI vs. FCEF ETF Comparison

Comparison of Rareview Dynamic Fixed Income ETF (RDFI) to First Trust CEF Income Opportunity ETF (FCEF)
RDFI

Rareview Dynamic Fixed Income ETF

RDFI Description

The investment seeks total return with an emphasis on providing current income. Under normal market conditions, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in fixed income closed-end funds trading at a discount or premium to their underlying net asset value and that pay regular periodic cash distributions. Through its investments in closed-end funds that hold non-U.S. fixed income securities, the fund may invest indirectly in foreign securities, including securities of issuers located in emerging markets. It is non-diversified.

Grade (RS Rating)

Last Trade

$24.03

Average Daily Volume

9,913

Number of Holdings *

32

* 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

$21.90

Average Daily Volume

7,737

Number of Holdings *

45

* may have additional holdings in another (foreign) market
Performance
Period RDFI FCEF
30 Days -3.91% -1.08%
60 Days -1.88% 1.26%
90 Days -0.31% 4.46%
12 Months 18.49% 26.32%
4 Overlapping Holdings
Symbol Grade Weight in RDFI Weight in FCEF Overlap
HIO A 4.79% 0.72% 0.72%
NPFD A 6.22% 2.2% 2.2%
PDX C 4.68% 1.23% 1.23%
RA A 2.78% 1.23% 1.23%
RDFI Overweight 28 Positions Relative to FCEF
Symbol Grade Weight
EDD D 5.62%
EMD D 4.38%
ZROZ F 4.36%
TEI D 4.14%
NZF D 3.82%
FPF D 3.66%
CARY C 3.05%
NAD C 3.04%
BTZ D 2.96%
EAD D 2.91%
NVG D 2.63%
FEMB F 2.43%
BLE D 2.4%
VMO C 2.24%
FTF C 2.2%
NEA D 2.19%
EMB C 2.13%
MMU D 2.07%
IQI C 1.86%
HIX A 1.54%
VKQ C 1.51%
EHI D 1.5%
MYD D 1.47%
GHY A 1.38%
ERC D 1.3%
MBB D 1.16%
IIM D 0.3%
EVV A 0.01%
RDFI Underweight 41 Positions Relative to FCEF
Symbol Grade Weight
ETG C -4.05%
THQ D -3.5%
HQH D -3.44%
HTD C -3.4%
ASGI A -3.28%
ETO C -3.26%
EVT C -3.24%
SOR A -3.2%
VRIG A -3.16%
GDV C -2.99%
JQC A -2.63%
TY A -2.53%
RNP D -2.51%
UTF C -2.47%
JPC A -2.43%
PDO D -2.26%
BGB A -2.22%
BCAT C -2.16%
CET A -2.04%
GAM C -2.02%
UTG B -1.85%
JFR A -1.62%
EVG A -1.47%
JRI B -1.47%
PEO B -1.43%
AIO B -1.04%
CII C -1.01%
QQQX A -0.99%
NBB C -0.97%
KYN B -0.77%
BUI D -0.75%
BCX B -0.74%
BIT B -0.73%
TPZ A -0.52%
RMT D -0.51%
WIW A -0.5%
BME D -0.49%
ARDC B -0.49%
JLS A -0.48%
HQL D -0.48%
DLY C -0.23%
Compare ETFs