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

$16.88

Average Daily Volume

1,914

Number of Holdings *

10

* 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 currency

Grade (RS Rating)

Last Trade

$16.56

Average Daily Volume

2,646

Number of Holdings *

7

* may have additional holdings in another (foreign) market
Performance
Period ETP MGAB
30 Days 1.14% -0.30%
60 Days 1.75% -0.72%
90 Days 3.93% -1.13%
12 Months 4.19% -3.72%
0 Overlapping Holdings
Symbol Grade Weight in ETP Weight in MGAB Overlap
ETP Overweight 10 Positions Relative to MGAB
Symbol Grade Weight
ZHY B 19.06%
CPD A 14.21%
ZEF C 11.32%
VSB B 10.03%
CVD A 7.17%
VGG A 5.29%
XCB A 3.55%
CYH A 3.52%
XEI A 3.41%
VDY A 3.36%
ETP Underweight 7 Positions Relative to MGAB
Symbol Grade Weight
QSB B -17.16%
QBB B -15.19%
QUIG D -12.13%
QEBL F -8.06%
QEBH B -6.13%
MFT F -5.05%
QHY D -5.04%
Compare ETFs