FCEF vs. XSVM ETF Comparison

Comparison of First Trust CEF Income Opportunity ETF (FCEF) to Invesco S&P SmallCap Value with Momentum ETF (XSVM)

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

$21.66

Average Daily Volume

6,635

Number of Holdings ^*

* may have additional holdings in another (foreign) market

XSVM

Invesco S&P SmallCap Value with Momentum ETF

XSVM Description

The investment seeks to track the investment results (before fees and expenses) of the S&P SmallCap 600 High Momentum Value Index (the "underlying index"). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, the index provider compiles, maintains and calculates the underlying index, which is designed to track the performance of approximately 120 stocks in the S&P SmallCap 600® that have the highest “value” and “momentum” scores.

Grade (RS Rating)

Last Trade

$53.17

Average Daily Volume

89,232

Number of Holdings ^*

114

* may have additional holdings in another (foreign) market

Performance

Period	FCEF	XSVM
30 Days	3.58%	1.31%
60 Days	2.92%	2.86%
90 Days	4.84%	0.53%
12 Months	20.80%	12.03%

0 Overlapping Holdings

	Symbol	Grade	Weight in FCEF	Weight in XSVM	Overlap

FCEF Overweight 43 Positions Relative to XSVM

Symbol	Grade	Weight
ETG	C	3.94%
THQ	B	3.52%
HQH	B	3.43%
HTD	A	3.33%
ASGI	A	3.31%
ETO	C	3.25%
EVT	B	3.23%
SOR	C	3.23%
VRIG	A	3.17%
GDV	B	3.05%
JQC	A	2.73%
RNP	A	2.66%
UTF	A	2.58%
TY	B	2.55%
JPC	A	2.49%
NPFD	A	2.27%
BCAT	B	2.26%
BGB	A	2.23%
PDO	A	2.14%
GAM	B	1.94%
CET	B	1.91%
ARDC	A	1.9%
UTG	A	1.78%
JFR	A	1.72%
JRI	A	1.51%
EVG	A	1.46%
PEO	D	1.42%
PDX	A	1.27%
QQQX	D	1.0%
CII	C	0.99%
AIO	C	0.97%
RA	A	0.75%
HIO	A	0.75%
BUI	A	0.74%
BIT	B	0.74%
TPZ	B	0.54%
KYN	A	0.51%
JLS	B	0.51%
BME	A	0.5%
RMT	C	0.49%
HQL	B	0.47%
NBB	A	0.35%
DLY	A	0.25%

FCEF Underweight 114 Positions Relative to XSVM

Symbol	Grade	Weight
KELYA	D	-1.7%
KSS	F	-1.68%
GPI	B	-1.57%
SNEX	C	-1.53%
TWI	D	-1.42%
JXN	C	-1.36%
EZPW	B	-1.35%
PARR	F	-1.35%
ANDE	D	-1.33%
SAH	C	-1.3%
LNC	C	-1.23%
SPNT	B	-1.13%
ABG	D	-1.13%
GIII	A	-1.11%
SCSC	C	-1.1%
CAL	B	-1.09%
OMI	C	-1.08%
BKU	B	-1.07%
MHO	B	-1.06%
STBA	B	-1.06%
VBTX	B	-1.05%
CCS	B	-1.04%
AGO	D	-1.03%
ABM	C	-1.02%
ODP	F	-1.0%
CUBI	F	-1.0%
CPF	B	-0.98%
EIG	B	-0.97%
FCF	B	-0.97%
ZEUS	F	-0.95%
CVI	F	-0.95%
RUSHA	C	-0.95%
PHIN	B	-0.94%
AL	D	-0.89%
ABCB	B	-0.88%
PMT	C	-0.88%
RDN	B	-0.87%
MTH	B	-0.87%
TPH	B	-0.87%
WSFS	C	-0.86%
INVA	B	-0.86%
GRBK	B	-0.86%
ENVA	B	-0.85%
AX	C	-0.85%
HVT	D	-0.83%
DXPE	B	-0.83%
HSII	B	-0.83%
NMIH	B	-0.83%
MCY	B	-0.82%
TRMK	B	-0.82%
FULT	C	-0.82%
FHB	C	-0.82%
GBX	D	-0.81%
NVRI	C	-0.81%
GES	F	-0.81%
TDS	B	-0.8%
STC	B	-0.8%
DNOW	D	-0.8%
MLKN	D	-0.8%
LZB	C	-0.79%
KOP	D	-0.78%
WGO	D	-0.78%
COOP	B	-0.77%
SANM	D	-0.77%
SXC	F	-0.77%
EFC	B	-0.76%
OFG	B	-0.76%
AMWD	D	-0.76%
CASH	A	-0.76%
HMN	B	-0.75%
BHE	C	-0.75%
CXW	D	-0.75%
TILE	B	-0.74%
CALM	B	-0.73%
ETH	F	-0.73%
PUMP	F	-0.73%
PFBC	C	-0.73%
CENTA	D	-0.73%
VTOL	C	-0.72%
GEO	D	-0.71%
ABR	B	-0.71%
HUBG	B	-0.71%
MOV	F	-0.7%
SHO	D	-0.68%
PSMT	B	-0.68%
CNXN	B	-0.66%
DLX	D	-0.66%
CEIX	D	-0.65%
WABC	C	-0.64%
SCVL	B	-0.64%
NOG	D	-0.61%
CRC	D	-0.6%
CLW	F	-0.6%
MYE	D	-0.6%
HP	F	-0.59%
BCC	C	-0.59%
TTMI	D	-0.58%
URBN	D	-0.56%
CENX	F	-0.56%
SKYW	D	-0.56%
WOR	F	-0.55%
LBRT	D	-0.55%
BLMN	F	-0.54%
REX	F	-0.54%
GMS	D	-0.54%
SM	D	-0.54%
SIG	F	-0.53%
HCC	F	-0.52%
NX	D	-0.51%
MTUS	F	-0.5%
LPG	F	-0.49%
ARCH	F	-0.48%
KALU	F	-0.47%
AMR	F	-0.44%

FCEF: Top Represented Industries & Keywords

Industries: Asset Management