ETP vs. MGAB ETF Comparison
Comparison of First Trust Global Risk Managed Income Index ETF (ETP) to Mackenzie Global Fixed Income Alloc ETF (MGAB)
ETP
First Trust Global Risk Managed Income Index ETF
ETP Description
The First Trust ETF seeks to replicate, to the extent possible, the performance of the NASDAQ Global Risk Managed Income⢠Index, net of expenses. The investment strategy of the First Trust ETF is to invest in and hold the Constituent Securities of the Index in the same proportion as they are reflected in the Index or securities intended to replicate the performance of the Index.
Grade (RS Rating)
Last Trade
$17.60
Average Daily Volume
4,060
Number of Holdings
*
2
* may have additional holdings in another (foreign) market
MGAB
Mackenzie Global Fixed Income Alloc ETF
MGAB Description
Mackenzie Global Fixed Income Allocation ETF seeks to provide income with a potential for modest capital appreciation, primarily by investing in ETFs that provide exposure to a portfolio of fixed income securities of issuers anywhere in the world, diversified by sector, geography, credit quality, duration and currencyGrade (RS Rating)
Last Trade
$16.97
Average Daily Volume
1,370
Number of Holdings
*
6
* may have additional holdings in another (foreign) market
Performance
| Period | ETP | MGAB |
|---|---|---|
| 30 Days | -0.73% | -1.79% |
| 60 Days | -0.90% | -1.28% |
| 90 Days | 1.85% | -0.18% |
| 12 Months | 13.23% | 2.79% |
0 Overlapping Holdings
| Symbol | Grade | Weight in ETP | Weight in MGAB | Overlap |
|---|
ETP: Top Represented Industries & Keywords
MGAB: Top Represented Industries & Keywords
Industries:
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