CEFZ vs FCEF
RiverNorth Active Income ETF against First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
7%
6 shared positions
Fee gap
87 bp
CEFZ is cheaper
1-year return gap
3.3 pts
FCEF is ahead
Larger fund
FCEF
$81M
Side by side
| CEFZ | FCEF | |
|---|---|---|
| Fund | RiverNorth Active Income ETF | First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF |
| Issuer | RiverNorth | First Trust |
| Category | Multisector Bond | Multisector Bond |
| Expense ratio | 2.82% | 3.69% |
| Assets | $40M | $81M |
| Average daily dollar volume | $178K | $336K |
| Listed | Dec 27, 2006 | Sep 27, 2016 |
| FrenzyCap score | 18 | 26 |
| 1-month return | −1.7% | −2.9% |
| 3-month return | −3.5% | −4.4% |
| Year to date | −3.4% | −0.2% |
| 1-year return | −4.2% | −0.9% |
| 30-day volatility | 9.1% | 7.8% |
| Worst drawdown, 1 year | −8.3% | −7.6% |
| Trailing 12-month yield | 10.30% | 7.14% |
| Holdings | 50 | 60 |
| Top 10 weight | 51.6% | 30.9% |
| Look-through P/E | 19.6 | — |
| Holdings vs fair value | +46.7% | — |
| Holdings above 200-day average | 45% | — |
| Net flow, latest 3 reported months | +$1.4M thru Jul 2026 | +$3.6M thru May 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of Jun 30, 2026SEC filing | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
15% of CEFZ · 9% of FCEF
Sector mix of the stock holdings
| Sector | CEFZ | FCEF | Gap |
|---|---|---|---|
| Real Estate | 2.0% | 0.0% | +2.0% |
More: full overlap table · CEFZ holdings · FCEF holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.