SQEW vs. FCEF ETF Comparison
Comparison of LeaderShares Equity Skew ETF (SQEW) to First Trust CEF Income Opportunity ETF (FCEF)
SQEW
LeaderShares Equity Skew ETF
SQEW Description
The investment seeks to generate long-term capital growth. The fund is an actively managed exchange traded fund (ETF) that normally invests at least 80% of its net assets, including any borrowings for investment purposes, in equity securities. It employs a contrarian strategy seeking to buy underperforming asset classes and/or factors and sell outperforming asset classes and/or factors based on quantitative research. The fund may have a higher degree of portfolio turnover than funds that seek to replicate the performance of an index.
Grade (RS Rating)
Last Trade
$34.06
Average Daily Volume
15,385
3
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
$22.29
Average Daily Volume
7,644
44
Performance
Period | SQEW | FCEF |
---|---|---|
30 Days | 5.02% | 2.74% |
60 Days | 10.50% | 8.99% |
90 Days | 1.61% | 6.62% |
12 Months | 20.00% | 30.84% |
0 Overlapping Holdings
Symbol | Grade | Weight in SQEW | Weight in FCEF | Overlap |
---|
SQEW Underweight 44 Positions Relative to FCEF
Symbol | Grade | Weight | |
---|---|---|---|
ETG | A | -4.06% | |
THQ | A | -3.49% | |
HQH | D | -3.45% | |
HTD | A | -3.34% | |
ETO | B | -3.29% | |
ASGI | A | -3.28% | |
SOR | B | -3.24% | |
EVT | A | -3.23% | |
VRIG | A | -3.17% | |
GDV | A | -2.97% | |
JQC | B | -2.67% | |
RNP | C | -2.54% | |
TY | A | -2.52% | |
UTF | A | -2.52% | |
JPC | C | -2.44% | |
NPFD | A | -2.2% | |
BGB | A | -2.2% | |
BCAT | A | -2.19% | |
PDO | A | -2.09% | |
GAM | B | -1.9% | |
CET | A | -1.88% | |
UTG | A | -1.85% | |
JFR | A | -1.62% | |
JRI | C | -1.53% | |
EVG | A | -1.47% | |
PEO | A | -1.39% | |
ARDC | A | -1.25% | |
PDX | A | -1.23% | |
RA | B | -1.0% | |
CII | B | -1.0% | |
QQQX | A | -0.99% | |
AIO | A | -0.96% | |
BUI | C | -0.78% | |
BCX | A | -0.75% | |
BIT | B | -0.75% | |
HIO | B | -0.73% | |
KYN | A | -0.72% | |
NBB | D | -0.72% | |
TPZ | A | -0.51% | |
BME | B | -0.5% | |
RMT | C | -0.5% | |
JLS | A | -0.49% | |
HQL | D | -0.48% | |
DLY | B | -0.24% |
SQEW: Top Represented Industries & Keywords
FCEF: Top Represented Industries & Keywords