CEFSvsPCEFETF Comparison
VS
Saba Closed-End Funds ETF (CEFS) and Invesco CEF Income Composite ETF (PCEF) belong to the same industry segment: Multi-Asset: Other. CEFS's top 2 sector exposures are Non-Corporate and Finance. In contrast, PCEF's top sector exposures are Non-Corporate. CEFS is less expensive with a Total Expense Ratio (TER) of 2.61%, versus 2.76% for PCEF. CEFS is up 16.61% year-to-date (YTD) with +$38M in YTD flows. PCEF performs worse with 7.3% YTD performance, and -$28M in YTD flows. Run a side-by-side ETF comparison of CEFS and PCEF below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
CEFS vs PCEF performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/02/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | CEFS PCEF | +1.93%+1.07% | +0.23%+1.49% | +16.61%+7.30% | +21.85%+10.01% | +76.79%+45.31% | +90.47%+25.65% |
| Flows | CEFS PCEF | +$6M+$191K | +$20M-$17M | +$38M-$28M | +$80M-$41M | +$230M+$52M | +$286M+$19M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | CEFS PCEF | +10.52%+8.30% | +9.17%+8.95% | +10.55%+10.27% | +12.21%+11.16% |
| Max drawdown | CEFS PCEF | -4.11%-2.68% | -4.75%-8.38% | -12.48%-14.10% | -16.51%-24.29% |
| Max drawdown duration | CEFS PCEF | 51d19d | 41d63d | 104d124d | 436d1015d |
Trading data
CEFS | PCEF | |
Last sale 9/3/2026 at 6:47 PM | $25.30 | $20.28 |
| Previous close 09/02/2026 | $25.28 | $20.23 |
| Consolidated volume 09/02/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
CEFS
is actively managed and doesn’t replicate an indexCEFS | PCEF | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/3/2026 at 6:47 PM
Live
Closed
CEFS | PCEF | |
|---|---|---|
| Last price | $25.30 | $20.28 |
| 1D performance | +0.10% | +0.25% |
| AuM | $439.74 M | $810.73 M |
| E/R | 2.61% | 2.76% |
Characteristics
CEFS | PCEF | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Saba Capital | Invesco |
| Benchmark | - | S-Network Composite Closed-End Fund Index |
| N° of holdings | 24 | 29 |
| Asset class | - | Alternative |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 21, 2017 | February 19, 2010 |
| ESG | No | No |
Advertisement
Exposure
Countries
CEFS
USA
35.86%
Other
64.14%
PCEF
USA
25.78%
Other
74.22%
Sectors
CEFS
Non-Corporate
35.41%
Other
64.59%
PCEF
Non-Corporate
25.78%
Other
74.22%
Advertisement
Diversification
CEFS
Total weight of top 15 holdings out of 15
58.26%
PCEF
Total weight of top 15 holdings out of 15
38.26%
Top 15 holdings
Data as of July 31, 2026
CEFS
US09260K1016
11.41%
Virtus Dividend Interest & Premium Strategy Fund
6.95%
ASA Gold & Precious Metals Ltd.
6.61%
BlackRock ESG Capital Allocation Term Trust
4.82%
US7809151043
3.58%
US36242H1041
3.24%
US3688021043
2.91%
PIMCO Dynamic Income Strategy Fund
2.90%
Neuberger Next Generation Connectivity Fund Inc.
2.57%
US6706EW1000
2.51%
US64129H1041
2.39%
US92835W1071
2.25%
US5928351023
2.16%
BlackRock Technology & Private Equity Term Trust
2.05%
US8954361031
1.89%
PCEF
US27829F1084
4.41%
US6706EW1000
4.26%
US09260K1016
2.77%
US27828N1028
2.73%
US09251A1043
2.57%
US67073B1061
2.57%
US27828Y1082
2.46%
BlackRock Corporate High Yield Fund, Inc.
2.44%
US09258G1040
2.34%
PIMCO Corporate & Income Opportunity Fund
2.12%
Virtus Dividend Interest & Premium Strategy Fund
2.08%
US67072T1088
2.04%
US40167F1012
2.03%
US27829C1053
1.75%
BlackRock ESG Capital Allocation Term Trust
1.72%
Frequently asked questions about CEFS and PCEF
How have the CEFS and PCEF ETFs performed in 2026?
As of September 2, 2026, CEFS is up 16.61% year-to-date (YTD), while PCEF has returned 7.3%. That puts CEFS better performer ahead so far this year.
Which ETF is attracting more investor money: CEFS or PCEF?
Year-to-date, the CEFS ETF saw +$38M in flows, compared to -$28M for PCEF.
Which ETF is more volatile: CEFS or PCEF?
Over the past year, CEFS had a volatility of 9.17%, while PCEF experienced 8.95%.
Which ETF is bigger: CEFS or PCEF?
As of September 2, 2026, CEFS holds $439.74 M in assets under management (AUM), while PCEF manages $810.73 M.
What sectors do the CEFS and PCEF ETFs invest in?
CEFS leans toward sectors like Non-Corporate. Meanwhile, PCEF focuses on Non-Corporate.
What are the top holdings of the CEFS ETF and PCEF ETF?
CEFS top holdings include US09260K1016, Virtus Dividend Interest & Premium Strategy Fund and ASA Gold & Precious Metals Ltd.. PCEF holds in its top three: US27829F1084, US6706EW1000 and US09260K1016.
Which ETF is more diversified: CEFS or PCEF?
CEFS holds 71 securities with 58.26% of its assets in the top 15. PCEF has 106 securities and a top 15 weight of 38.26%.
Advertisement
Advertisement
