PFFL vs. FV ETF Comparison
Comparison of ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048 (PFFL) to First Trust Dorsey Wright Focus 5 ETF (FV)
PFFL
ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048
PFFL Description
The investment seeks to provide two times leveraged long exposure to the compounded monthly performance of the Solactive Preferred Stock ETF Index (the “index”). The index is designed to track the price movements of an equally weighted portfolio of two exchange-traded funds (“ETFs”) that hold preferred securities of various issuers. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.
Grade (RS Rating)
Last Trade
$9.97
Average Daily Volume
3,222
2
FV
First Trust Dorsey Wright Focus 5 ETF
FV Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Dorsey Wright Focus Five Index (the "index"). The fund will normally invest at least 90% of its net assets (plus the amount of any borrowings for investment purposes) in the exchange-traded funds ("ETFs") that comprise the index. The index is designed to provide targeted exposure to the five First Trust sector-based ETFs that the index Provider believes offer the greatest potential to outperform the other ETFs in the selection universe. The fund is non-diversified.Grade (RS Rating)
Last Trade
$61.16
Average Daily Volume
88,118
2
Performance
Period | PFFL | FV |
---|---|---|
30 Days | -2.74% | 5.47% |
60 Days | -5.33% | 6.40% |
90 Days | 1.85% | 6.61% |
12 Months | 23.41% | 31.17% |
0 Overlapping Holdings
Symbol | Grade | Weight in PFFL | Weight in FV | Overlap |
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PFFL: Top Represented Industries & Keywords
FV: Top Represented Industries & Keywords