RDFI vs. FPE ETF Comparison
Comparison of Rareview Dynamic Fixed Income ETF (RDFI) to First Trust Preferred Securities and Income ETF ETF (FPE)
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
$24.26
Average Daily Volume
12,003
32
FPE
First Trust Preferred Securities and Income ETF ETF
FPE Description
The investment seeks total return and to provide current income. The fund invests at least 80% of its net assets (including investment borrowings) in preferred securities ("Preferred Securities") and income-producing debt securities ("Income Securities"). It invests in securities that are traded over-the-counter or listed on an exchange. The fund may invest in U.S. and non-U.S. debt and equity securities that are traded over-the-counter or listed on an exchange. It invests at least 60% of its net assets in securities rated investment grade (BBB-/Baa3 or higher) at the time of purchase. The fund is non-diversified.Grade (RS Rating)
Last Trade
$17.81
Average Daily Volume
1,208,680
18
Performance
| Period | RDFI | FPE |
|---|---|---|
| 30 Days | 0.87% | -0.89% |
| 60 Days | -2.29% | -1.20% |
| 90 Days | -0.07% | 1.08% |
| 12 Months | 14.98% | 16.25% |
1 Overlapping Holdings
| Symbol | Grade | Weight in RDFI | Weight in FPE | Overlap | |
|---|---|---|---|---|---|
| BIL | A | 1.08% | 1.2% | 1.08% |
RDFI Overweight 31 Positions Relative to FPE
| Symbol | Grade | Weight | |
|---|---|---|---|
| NPFD | A | 5.43% | |
| EDD | D | 4.84% | |
| PDX | A | 4.6% | |
| HIO | B | 4.13% | |
| EMD | C | 3.83% | |
| ZROZ | F | 3.68% | |
| TEI | D | 3.51% | |
| NZF | C | 3.32% | |
| FPF | C | 3.13% | |
| NAD | B | 2.65% | |
| CARY | C | 2.62% | |
| BTZ | C | 2.56% | |
| EAD | C | 2.52% | |
| RA | B | 2.37% | |
| NVG | C | 2.31% | |
| ERC | C | 2.19% | |
| BLE | D | 2.07% | |
| VMO | D | 1.95% | |
| NEA | C | 1.9% | |
| FTF | B | 1.9% | |
| EMB | C | 1.83% | |
| MMU | C | 1.81% | |
| IQI | D | 1.62% | |
| HIX | B | 1.34% | |
| VKQ | D | 1.3% | |
| EHI | C | 1.28% | |
| GHY | A | 1.19% | |
| MBB | C | 1.0% | |
| MYD | D | 0.89% | |
| MHD | C | 0.39% | |
| IIM | D | 0.25% |
RDFI: Top Represented Industries & Keywords
FPE: Top Represented Industries & Keywords
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