HISF vs. PCEF ETF Comparison

Comparison of First Trust High Income Strategic Focus ETF (HISF) to PowerShares CEF Income Composite Portfolio (PCEF)
HISF

First Trust High Income Strategic Focus ETF

HISF Description

First Trust High Income Strategic Focus ETF is an exchange traded fund launched and managed by First Trust Advisors L.P. It is co-managed by Energy Income Partners LLC, First Trust Global Portfolios Limited, Richard Bernstein Advisors LLC, and Stonebridge Advisors, LLC. The fund invests in the public equity and fixed income markets of countries across the globe. For its equity portion, it seeks to invest in stocks of companies operating across diversified sectors. The fund invests in dividend paying stocks of small-cap, mid-cap, and large-cap companies. It also invests in stocks of master limited partnerships. For its fixed income portion, the fund invests in high yield corporate bonds and first lien senior secured floating rate bank loans, mortgage-related investments, and international sovereign bonds with varying maturity. First Trust High Income Strategic Focus ETF was formed on August 13, 2014 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$45.07

Average Daily Volume

3,840

Number of Holdings *

7

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

PowerShares CEF Income Composite Portfolio

PCEF Description The PowerShares CEF Income Composite Portfolio (Fund) is based on the S-Network Composite Closed-End Fund IndexSM (Index). The Fund will normally invest at least 90% of its total assets in securities of funds included in the Index. The Fund is a "fund of funds," as it invests its assets in the common shares of funds included in the Index rather than in individual securities. The Index currently includes closed-end funds that invest in taxable investment grade fixed-income securities, taxable high yield fixed-income securities and others utilize an equity option writing (selling) strategy. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$19.57

Average Daily Volume

147,874

Number of Holdings *

104

* may have additional holdings in another (foreign) market
Performance
Period HISF PCEF
30 Days -0.15% 2.74%
60 Days 1.09% 8.85%
90 Days 3.52% 5.62%
12 Months 11.47% 28.08%
0 Overlapping Holdings
Symbol Grade Weight in HISF Weight in PCEF Overlap
HISF Overweight 7 Positions Relative to PCEF
Symbol Grade Weight
FIXD D 32.82%
HYLS B 14.86%
LMBS D 14.78%
FSIG B 9.85%
LGOV D 7.66%
FTSL A 7.23%
FEMB C 5.13%
HISF Underweight 104 Positions Relative to PCEF
Symbol Grade Weight
EXG C -4.33%
JPC C -4.03%
BIGZ A -3.2%
BMEZ B -3.07%
BSTZ B -2.7%
BDJ A -2.64%
ETY A -2.61%
BCAT A -2.59%
BXMX A -2.32%
ETV A -2.29%
NFJ B -2.25%
QQQX A -1.98%
EVV A -1.74%
ETW A -1.7%
FPF A -1.68%
BBN D -1.64%
BTZ B -1.5%
HFRO D -1.42%
JFR A -1.35%
HTD A -1.33%
PDO A -1.32%
FFC C -1.31%
EOS B -1.3%
BOE B -1.28%
BST B -1.26%
CII B -1.24%
HYT C -1.21%
DSL A -1.16%
AWF B -1.12%
BGY B -1.06%
DIAX A -0.98%
WIW A -0.98%
PDT B -0.96%
EMD A -0.95%
LDP A -0.91%
ETJ A -0.89%
JQC B -0.89%
BME B -0.86%
EOI A -0.8%
NPFD A -0.74%
DFP B -0.73%
IGD B -0.73%
NBB D -0.71%
ISD A -0.67%
EAD B -0.67%
BGR A -0.63%
PHK A -0.63%
ETB A -0.61%
EDD C -0.6%
PCN A -0.6%
HIO B -0.56%
PFN A -0.55%
BHK C -0.55%
BUI C -0.54%
PPT A -0.51%
BLW B -0.51%
BIT B -0.49%
VVR F -0.49%
FFA C -0.46%
MIN A -0.45%
FRA A -0.45%
STK B -0.45%
SPXX A -0.44%
TEI C -0.44%
FTF A -0.44%
BGH A -0.44%
DSU A -0.43%
HPS A -0.42%
HIX B -0.4%
MCR B -0.4%
MMT A -0.4%
HPI B -0.4%
EOD B -0.39%
ERC B -0.39%
PSF A -0.37%
GBAB D -0.36%
JGH A -0.35%
PHT B -0.34%
FLC B -0.33%
MCI A -0.33%
HPF A -0.32%
EFR D -0.31%
DHF C -0.31%
FCT A -0.31%
IDE B -0.28%
EFT D -0.28%
PFL A -0.28%
DBL A -0.27%
DHY B -0.26%
HEQ A -0.24%
BGT B -0.24%
MSD A -0.23%
BGX C -0.23%
IGA C -0.23%
TSI C -0.21%
VBF B -0.19%
PCF A -0.19%
NHS B -0.18%
EVG A -0.17%
CIK B -0.16%
HYB B -0.16%
EHI D -0.15%
PHD B -0.14%
MCN D -0.12%
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