RMIF vs. FCEF ETF Comparison

Comparison of ETF Series Solutions LHA Risk-Managed Income ETF (RMIF) to First Trust CEF Income Opportunity ETF (FCEF)
RMIF

ETF Series Solutions LHA Risk-Managed Income ETF

RMIF Description

The fund is an actively-managed "fund of funds" and seeks to achieve its investment objective by investing primarily in other investment companies, including other actively managed exchange-traded funds ("ETFs") and index-based ETFs (collectively, "Underlying Investments"), that provide exposure to a broad range of fixed income asset classes. The fund may also invest in cash, cash equivalents, or money market funds.

Grade (RS Rating)

Last Trade

$25.14

Average Daily Volume

2,515

Number of Holdings *

5

* 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 RMIF FCEF
30 Days 0.78% 0.46%
60 Days 1.01% 1.50%
90 Days 1.95% 3.43%
12 Months 16.01%
0 Overlapping Holdings
Symbol Grade Weight in RMIF Weight in FCEF Overlap
RMIF Overweight 5 Positions Relative to FCEF
Symbol Grade Weight
BKLN A 20.39%
SRLN A 20.36%
SJNK A 20.09%
FTSL A 19.47%
SHYG A 18.86%
RMIF 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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