CEFZvsRTAIETF Comparison
VS
RiverNorth Active Income ETF (CEFZ) belongs to the Multi-Asset: Other segment. Rareview Tax Advantaged Income ETF (RTAI) is part of the Municipal Bonds segment. CEFZ's top 3 sector exposures are Non-Corporate, Finance and Technology. In contrast, RTAI's top sector exposures are Non-Corporate. CEFZ is less expensive with a Total Expense Ratio (TER) of 3.36%, versus 5.24% for RTAI. CEFZ is up 2.51% year-to-date (YTD) with +$5M in YTD flows. RTAI performs worse with -6.28% YTD performance, and -$373K in YTD flows. Run a side-by-side ETF comparison of CEFZ and RTAI 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
CEFZ vs RTAI performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | CEFZ RTAI | -2.02%-1.52% | -2.82%-9.57% | +2.51%-6.28% | +5.25%-6.32% | n/a+23.67% | n/a-12.66% |
| Flows | CEFZ RTAI | -$236K-$378K | +$2M-$378K | +$5M-$373K | +$7M-$373K | --$4M | -+$3M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | CEFZ RTAI | +9.24%+12.36% | +9.25%+8.91% | n/a+9.12% | n/a+9.76% |
| Max drawdown | CEFZ RTAI | -5.93%-13.29% | -6.39%-14.12% | n/a-14.12% | n/a-33.52% |
| Max drawdown duration | CEFZ RTAI | 61d92d | 63d109d | n/a109d | n/a1797d |
Trading data
CEFZ | RTAI | |
Last sale 10/16/2026 at 1:30 PM | $19.24 | |
| Previous close 10/15/2026 | $19.04 | |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
CEFZ | RTAI | |
|---|---|---|
| Last price | – | $19.24 |
| 1D performance | – | +1.07% |
| AuM | $39.81 M | $15.86 M |
| E/R | 3.36% | 5.24% |
Characteristics
CEFZ | RTAI | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | TrueShares | Rareview Capital |
| Benchmark | - | - |
| N° of holdings | 5983 | 10 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | August 4, 2025 | October 21, 2020 |
| ESG | No | No |
Advertisement
Exposure
Countries
CEFZ
USA
88.72%
Other
11.28%
RTAI
USA
97.6%
Other
2.4%
Sectors
CEFZ
Non-Corporate
72.36%
Finance
21.84%
Other
5.8%
RTAI
Non-Corporate
97.6%
Other
2.4%
Advertisement
Diversification
CEFZ
Total weight of top 15 holdings out of 15
63.74%
RTAI
Total weight of top 10 holdings out of 10
97.6%
Top 15 holdings
Data as of August 31, 2026
CEFZ
Pershing Square USA Ltd.
10.39%
Saba Capital Income & Opportunities Fund II
6.02%
BlackRock Science & Technology Term Trust
5.01%
Pershing Square Holdings Ltd.
4.47%
State Street Institutional Treasury Money Market Fund
4.24%
Clough Global Equity Fund
4.23%
Royce Micro Cap Trust
3.98%
Royce Small Cap Trust
3.70%
BlackRock Health Sciences Trust II
3.70%
Blue Owl Technology Finance Corp
3.21%
Clough Global Opportunities Fund
3.06%
Calamos Long/Short Equity & Dynamic Income Trust
3.02%
PIMCO Dynamic Income Fund
2.94%
FS Specialty Lending Fund
2.91%
Guggenheim Strategic Opportunities Fund
2.87%
RTAI
BlackRock MuniHoldings Fund Inc.
17.22%
BlackRock MuniYield Quality Fund III, Inc.
13.35%
BlackRock MuniYield Quality Fund, Inc.
13.14%
Neuberger Municipal Fund Inc.
12.79%
Eaton Vance Municipal Bond Fund
11.03%
Western Asset Managed Municipals Fund Inc.
10.55%
PIMCO Municipal Income Fund II
9.78%
BlackRock MuniHoldings California Quality Fund, Inc.
5.08%
NYLI MacKay DefinedTerm Muni Opportunities Fund
3.29%
AllianceBernstein National Municipal Income Fund
1.37%
Frequently asked questions about CEFZ and RTAI
How have the CEFZ and RTAI ETFs performed in 2026?
As of October 16, 2026, CEFZ is up 2.51% year-to-date (YTD), while RTAI has lost -6.28%. That puts CEFZ better performer ahead so far this year.
Which ETF is attracting more investor money: CEFZ or RTAI?
Year-to-date, the CEFZ ETF saw +$5M in flows, compared to -$373K for RTAI.
Which ETF is more volatile: CEFZ or RTAI?
Over the past year, CEFZ had a volatility of 9.25%, while RTAI experienced 8.91%.
Which ETF is bigger: CEFZ or RTAI?
As of October 16, 2026, CEFZ holds $39.81 M in assets under management (AUM), while RTAI manages $15.86 M.
What sectors do the CEFZ and RTAI ETFs invest in?
CEFZ leans toward sectors like Non-Corporate and Finance. Meanwhile, RTAI focuses on Non-Corporate.
What are the top holdings of the CEFZ ETF and RTAI ETF?
CEFZ top holdings include Pershing Square USA Ltd., Saba Capital Income & Opportunities Fund II and BlackRock Science & Technology Term Trust. RTAI holds in its top three: BlackRock MuniHoldings Fund Inc., BlackRock MuniYield Quality Fund III, Inc. and BlackRock MuniYield Quality Fund, Inc..
Which ETF is more diversified: CEFZ or RTAI?
CEFZ holds 7944 securities with 63.74% of its assets in the top 15. RTAI has 10 securities.
Advertisement
Advertisement
