FDFF vs. CEFD ETF Comparison
Comparison of Fidelity Disruptive Finance ETF (FDFF) to ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD)
FDFF
Fidelity Disruptive Finance ETF
FDFF Description
The fund normally invests at least 80% of assets in securities of disruptive finance companies. Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$35.85
Average Daily Volume
1,492
Number of Holdings
*
32
* may have additional holdings in another (foreign) market
CEFD
ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN
CEFD Description
The investment seeks to provide 1.5 times leveraged long exposure to the compounded quarterly performance of the S-Network Composite Closed-End Fund Index (the ?index?), reduced by the Accrued Fees. The index is a mutual fund index designed to serve as a benchmark for closed-end funds listed in the U.S. that are principally engaged in asset management processes designed to produce taxable annual yield.Grade (RS Rating)
Last Trade
$20.30
Average Daily Volume
1,943
Number of Holdings
*
99
* may have additional holdings in another (foreign) market
Performance
| Period | FDFF | CEFD |
|---|---|---|
| 30 Days | 8.68% | 0.58% |
| 60 Days | 13.67% | 5.08% |
| 90 Days | 18.16% | 9.09% |
| 12 Months | 45.83% | 34.42% |
0 Overlapping Holdings
| Symbol | Grade | Weight in FDFF | Weight in CEFD | Overlap |
|---|
FDFF Overweight 32 Positions Relative to CEFD
| Symbol | Grade | Weight | |
|---|---|---|---|
| APO | B | 5.37% | |
| V | A | 5.35% | |
| MA | B | 5.3% | |
| COF | B | 4.86% | |
| FLYW | C | 3.85% | |
| EFX | D | 3.62% | |
| ICE | D | 3.27% | |
| MSTR | B | 3.07% | |
| TOST | A | 2.24% | |
| OWL | B | 2.22% | |
| SQ | B | 1.93% | |
| FI | A | 1.84% | |
| DLO | D | 1.84% | |
| CBOE | C | 1.65% | |
| COIN | B | 1.61% | |
| TW | C | 1.57% | |
| NRDS | B | 1.52% | |
| ARES | B | 1.43% | |
| MKTX | C | 1.36% | |
| NU | C | 1.19% | |
| VRSK | B | 1.13% | |
| CASH | A | 1.08% | |
| MSCI | C | 1.05% | |
| PFSI | D | 1.01% | |
| AMH | F | 0.94% | |
| VIRT | B | 0.93% | |
| MELI | B | 0.92% | |
| ALLY | C | 0.9% | |
| FOUR | A | 0.87% | |
| UWMC | F | 0.72% | |
| BILL | C | 0.72% | |
| RPAY | D | 0.72% |
FDFF Underweight 99 Positions Relative to CEFD
| Symbol | Grade | Weight | |
|---|---|---|---|
| EVV | B | -2.63% | |
| BDJ | A | -2.39% | |
| HYT | D | -2.19% | |
| BTZ | D | -2.16% | |
| NXDT | C | -1.9% | |
| AWF | C | -1.83% | |
| DSL | C | -1.77% | |
| JQC | B | -1.66% | |
| BXMX | A | -1.65% | |
| EMD | D | -1.5% | |
| WIW | B | -1.37% | |
| BHK | D | -1.3% | |
| QQQX | A | -1.26% | |
| BOE | C | -1.23% | |
| BCX | B | -1.2% | |
| HIO | A | -1.19% | |
| JPC | B | -1.18% | |
| RA | D | -1.17% | |
| GHY | B | -1.16% | |
| BGY | D | -1.09% | |
| CII | B | -1.07% | |
| HIX | B | -1.01% | |
| BIT | B | -1.01% | |
| EOS | A | -1.0% | |
| IGD | C | -0.98% | |
| EFT | B | -0.95% | |
| HTD | C | -0.94% | |
| BST | B | -0.92% | |
| BLW | B | -0.92% | |
| EAD | D | -0.9% | |
| ISD | A | -0.88% | |
| LDP | C | -0.84% | |
| FFC | D | -0.83% | |
| EFR | A | -0.82% | |
| FRA | A | -0.82% | |
| TEI | D | -0.75% | |
| PHK | B | -0.75% | |
| EOI | B | -0.73% | |
| MIN | B | -0.71% | |
| EHI | D | -0.71% | |
| NBB | D | -0.71% | |
| MCR | D | -0.7% | |
| PDT | D | -0.69% | |
| DIAX | B | -0.69% | |
| PPT | D | -0.67% | |
| WIA | C | -0.66% | |
| MMT | D | -0.64% | |
| GOF | A | -0.64% | |
| JPI | C | -0.63% | |
| BKT | D | -0.62% | |
| PFN | B | -0.59% | |
| JGH | C | -0.59% | |
| FCT | A | -0.58% | |
| ERC | D | -0.57% | |
| HPS | D | -0.55% | |
| HYI | B | -0.55% | |
| DFP | D | -0.55% | |
| BME | D | -0.54% | |
| BGT | C | -0.49% | |
| HPI | D | -0.47% | |
| PHD | C | -0.44% | |
| BGH | A | -0.44% | |
| FTF | D | -0.43% | |
| GBAB | D | -0.42% | |
| HYB | D | -0.39% | |
| EVG | B | -0.38% | |
| IDE | B | -0.38% | |
| DHF | B | -0.38% | |
| PHT | C | -0.38% | |
| TSI | B | -0.37% | |
| ETB | A | -0.37% | |
| FT | B | -0.37% | |
| STK | B | -0.37% | |
| DHY | C | -0.36% | |
| HPF | D | -0.36% | |
| MSD | D | -0.34% | |
| INSI | C | -0.34% | |
| FFA | B | -0.32% | |
| DBL | D | -0.31% | |
| GDO | F | -0.31% | |
| PSF | D | -0.31% | |
| VBF | D | -0.3% | |
| BGR | A | -0.3% | |
| PIM | D | -0.3% | |
| PFL | C | -0.29% | |
| IGA | B | -0.29% | |
| OPP | D | -0.29% | |
| SPXX | A | -0.27% | |
| FLC | D | -0.24% | |
| MCN | D | -0.24% | |
| CIK | D | -0.24% | |
| WEA | B | -0.22% | |
| FAM | B | -0.21% | |
| VLT | B | -0.19% | |
| MGF | D | -0.19% | |
| VGI | C | -0.18% | |
| HEQ | C | -0.18% | |
| GNT | B | -0.14% | |
| JLS | C | -0.14% |
FDFF: Top Represented Industries & Keywords
Industries:
Capital Markets
Credit Services
Software - Application
Asset Management
Business Services
Software - Infrastructure
Financial Data & Stock Exchanges
Specialty Finance
Banks - Diversified
Conglomerates
Information Technology Services
REIT - Residential
Savings & Cooperative Banks
Shell Companies
Specialty Retail
CEFD: Top Represented Industries & Keywords
Industries:
Asset Management
Keywords:
ETF
Exchange Traded Fund
Mutual Fund
Bond
Bond Market
Fixed Income
Stock Fund
High Yield Debt
Income Trust
Blackrock
Debt Securities
Structured Finance
U.S. Government
Western Asset Management Company
Eaton Vance
Financial Management
Mortgage Backed Security
Bond Fund
Credit Suisse
Exchange Traded Funds
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