GAL vs. CCEF ETF Comparison

Comparison of SPDR SSgA Global Allocation ETF (GAL) to Calamos CEF Income & Arbitrage ETF (CCEF)
GAL

SPDR SSgA Global Allocation ETF

GAL Description

The investment seeks to provide capital appreciation. The fund invests substantially all of its assets in the SSgA Global Allocation Portfolio (the "Portfolio"), a separate series of the SSgA Master Trust with an identical investment objective as the fund. As a result, the fund invests indirectly through the Portfolio. The Portfolio typically allocates approximately 60% of its assets to equity securities, though this percentage can vary based on the Adviser's tactical decisions.

Grade (RS Rating)

Last Trade

$45.22

Average Daily Volume

13,820

Number of Holdings *

9

* may have additional holdings in another (foreign) market
CCEF

Calamos CEF Income & Arbitrage ETF

CCEF Description The fund is an actively managed exchange-traded fund (ETF) that seeks high current income and long-term capital appreciation by investing in unaffiliated closed-end funds that the fund's investment adviser, Calamos Advisors LLC, believes offer both attractive income opportunities as well as arbitrage opportunities resulting from such closed-end funds trading at attractive discounts. Under normal circumstances, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets in U.S. and non-U.S. closed-end funds. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.66

Average Daily Volume

3,026

Number of Holdings *

39

* may have additional holdings in another (foreign) market
Performance
Period GAL CCEF
30 Days 0.78% 1.80%
60 Days 0.28% 1.23%
90 Days 1.31% 4.87%
12 Months 16.77%
0 Overlapping Holdings
Symbol Grade Weight in GAL Weight in CCEF Overlap
GAL Overweight 9 Positions Relative to CCEF
Symbol Grade Weight
TIPX C 4.04%
EBND F 3.01%
IBND F 3.0%
GWX D 2.96%
XLC A 2.03%
MDY A 1.98%
SRLN A 1.52%
EMHC C 1.5%
BWX F 1.0%
GAL Underweight 39 Positions Relative to CCEF
Symbol Grade Weight
PDT C -4.18%
THQ F -3.72%
KYN A -3.44%
HTD A -3.15%
RQI C -3.02%
RIV D -3.02%
EMO A -3.0%
ERC C -2.99%
EXG C -2.96%
AOD D -2.96%
NBB D -2.95%
ASGI C -2.79%
ETW B -2.74%
ASG B -2.73%
IIF D -2.7%
BDJ C -2.63%
RA B -2.58%
BBN D -2.57%
IFN F -2.44%
NML A -2.17%
FFC D -2.08%
CII B -2.01%
HIX B -2.01%
DIAX A -1.96%
EVT A -1.92%
JQC A -1.89%
HFRO F -1.76%
EMF D -1.62%
NTG A -1.56%
JPC A -1.55%
BST B -1.51%
BME D -1.44%
BTO A -1.06%
JGH A -1.01%
EFT A -1.0%
ACP C -0.98%
RMT B -0.94%
CAF D -0.52%
TDF D -0.51%
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