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

Number of Holdings *

3

* may have additional holdings in another (foreign) market
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

Number of Holdings *

44

* may have additional holdings in another (foreign) market
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 Overweight 3 Positions Relative to FCEF
Symbol Grade Weight
SLYG B 16.17%
SLYV C 6.74%
SPYV A 4.01%
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%
Compare ETFs