FCEF vs. IGE ETF Comparison

Comparison of First Trust CEF Income Opportunity ETF (FCEF) to iShares North American Natural Resources ETF (IGE)

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

$22.27

Average Daily Volume

7,538

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IGE

iShares North American Natural Resources ETF

IGE Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Natural Resources Sector IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of natural resource-related companies in the United States and Canada. Components primarily include energy, materials, metals and mining and oil and gas companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$45.09

Average Daily Volume

60,913

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FCEF	IGE
30 Days	2.36%	0.85%
60 Days	5.59%	5.13%
90 Days	6.79%	2.22%
12 Months	31.10%	14.11%

0 Overlapping Holdings

	Symbol	Grade	Weight in FCEF	Weight in IGE	Overlap

FCEF Overweight 44 Positions Relative to IGE

Symbol	Grade	Weight
ETG	A	4.06%
THQ	A	3.49%
HQH	C	3.45%
HTD	A	3.34%
ETO	B	3.29%
ASGI	A	3.28%
SOR	C	3.24%
EVT	A	3.23%
VRIG	A	3.17%
GDV	B	2.97%
JQC	C	2.67%
RNP	C	2.54%
TY	A	2.52%
UTF	A	2.52%
JPC	C	2.44%
NPFD	A	2.2%
BGB	A	2.2%
BCAT	A	2.19%
PDO	A	2.09%
GAM	B	1.9%
CET	B	1.88%
UTG	A	1.85%
JFR	A	1.62%
JRI	C	1.53%
EVG	A	1.47%
PEO	A	1.39%
ARDC	A	1.25%
PDX	A	1.23%
RA	A	1.0%
CII	C	1.0%
QQQX	A	0.99%
AIO	A	0.96%
BUI	C	0.78%
BCX	A	0.75%
BIT	A	0.75%
HIO	A	0.73%
KYN	A	0.72%
NBB	C	0.72%
TPZ	A	0.51%
BME	B	0.5%
RMT	C	0.5%
JLS	A	0.49%
HQL	D	0.48%
DLY	B	0.24%

FCEF Underweight 99 Positions Relative to IGE

Symbol	Grade	Weight
XOM	A	-10.0%
CVX	B	-9.59%
COP	D	-4.4%
FCX	B	-2.87%
EOG	B	-2.71%
NEM	C	-2.41%
SLB	D	-2.34%
WMB	A	-2.14%
MPC	F	-2.13%
PSX	D	-2.13%
OKE	B	-2.05%
VLO	F	-1.7%
KMI	A	-1.64%
LNG	A	-1.58%
HES	D	-1.44%
BKR	B	-1.4%
OXY	F	-1.34%
VMC	D	-1.29%
MLM	D	-1.28%
TRGP	B	-1.25%
FANG	D	-1.24%
HAL	F	-0.98%
SW	C	-0.96%
DVN	F	-0.95%
EQT	B	-0.84%
BALL	C	-0.8%
PKG	C	-0.75%
AVY	C	-0.7%
CTRA	D	-0.68%
IP	C	-0.66%
TPL	B	-0.65%
AMCR	B	-0.64%
MRO	D	-0.58%
CCK	C	-0.44%
FTI	B	-0.43%
ATR	A	-0.41%
OVV	F	-0.39%
AA	B	-0.39%
EXP	C	-0.37%
CHK	D	-0.36%
RGLD	C	-0.36%
APA	F	-0.35%
GPK	C	-0.34%
AR	B	-0.33%
PR	F	-0.33%
SWN	D	-0.31%
BERY	C	-0.31%
CHRD	F	-0.31%
DINO	F	-0.29%
RRC	D	-0.29%
DTM	A	-0.29%
LPX	A	-0.26%
WFRD	F	-0.24%
NOV	F	-0.24%
SEE	C	-0.22%
MTDR	F	-0.22%
CHX	D	-0.22%
SON	D	-0.21%
KNF	C	-0.2%
AM	A	-0.2%
CNX	A	-0.19%
MUR	F	-0.19%
NE	F	-0.19%
VNOM	B	-0.18%
SM	F	-0.18%
MGY	B	-0.18%
SUM	D	-0.18%
CIVI	F	-0.18%
SLGN	C	-0.16%
HL	C	-0.16%
VAL	F	-0.15%
WHD	B	-0.15%
NOG	F	-0.14%
CRC	B	-0.14%
BTU	B	-0.13%
RIG	F	-0.13%
AROC	B	-0.13%
TDW	F	-0.13%
PBF	F	-0.12%
LBRT	F	-0.12%
PTEN	F	-0.11%
CEIX	B	-0.11%
SLVM	C	-0.11%
HP	F	-0.11%
UEC	B	-0.1%
MP	B	-0.09%
OI	D	-0.08%
INSW	B	-0.08%
WKC	A	-0.07%
XPRO	F	-0.07%
KOS	F	-0.07%
GPOR	B	-0.07%
GEF	D	-0.06%
AESI	B	-0.05%
CRK	B	-0.04%
NFE	F	-0.03%
KGS	A	-0.03%
CVI	F	-0.03%
PTVE	D	-0.02%

FCEF: Top Represented Industries & Keywords

Industries: Asset Management