PRMN vs. FCEF ETF Comparison
Comparison of PlanRock Market Neutral Income ETF (PRMN) to First Trust CEF Income Opportunity ETF (FCEF)
PRMN
PlanRock Market Neutral Income ETF
PRMN Description
The fund strategy follows a proprietary, rules-based methodology that selects global high dividend-paying ETFs or stocks from those listed on an exchange and with significant underlying security liquidity, while using offsetting short positions through equity index futures. The strategy allocates to long and short equity index futures, volatility futures, options and options on futures to neutralize equity risk exposure and control volatility similar to the global bond market, while striving to achieve high dividend income and capital appreciation over the long-term.
Grade (RS Rating)
Last Trade
$29.29
Average Daily Volume
2,032
6
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
$22.27
Average Daily Volume
7,538
44
Performance
| Period | PRMN | FCEF |
|---|---|---|
| 30 Days | 1.19% | 2.36% |
| 60 Days | -0.75% | 5.59% |
| 90 Days | 0.94% | 6.79% |
| 12 Months | 31.10% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PRMN | Weight in FCEF | Overlap |
|---|
PRMN Underweight 44 Positions Relative to FCEF
| Symbol | Grade | Weight | |
|---|---|---|---|
| ETG | A | -3.97% | |
| THQ | A | -3.5% | |
| HQH | C | -3.35% | |
| HTD | A | -3.27% | |
| ASGI | A | -3.26% | |
| ETO | B | -3.26% | |
| SOR | C | -3.25% | |
| VRIG | A | -3.21% | |
| EVT | A | -3.12% | |
| GDV | B | -2.98% | |
| JQC | C | -2.63% | |
| RNP | C | -2.51% | |
| UTF | A | -2.5% | |
| TY | A | -2.5% | |
| JPC | C | -2.47% | |
| BGB | A | -2.24% | |
| NPFD | A | -2.23% | |
| BCAT | A | -2.2% | |
| PDO | A | -2.06% | |
| GAM | B | -1.92% | |
| CET | B | -1.9% | |
| UTG | A | -1.77% | |
| JFR | A | -1.63% | |
| EVG | A | -1.5% | |
| JRI | C | -1.48% | |
| ARDC | A | -1.42% | |
| PEO | A | -1.4% | |
| PDX | A | -1.26% | |
| QQQX | A | -0.99% | |
| CII | C | -0.97% | |
| AIO | A | -0.94% | |
| BIT | A | -0.75% | |
| NBB | C | -0.74% | |
| RA | A | -0.74% | |
| BCX | A | -0.73% | |
| HIO | A | -0.73% | |
| BUI | C | -0.72% | |
| TPZ | A | -0.52% | |
| RMT | C | -0.51% | |
| KYN | A | -0.5% | |
| BME | B | -0.5% | |
| JLS | A | -0.48% | |
| HQL | D | -0.47% | |
| DLY | B | -0.24% |
PRMN: Top Represented Industries & Keywords
FCEF: Top Represented Industries & Keywords
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