RTAIvsCEFSETF Comparison
VS
ETF 2
CEFS
Saba Opportunistically Hedged Closed-End Funds ETF
This fund is part of
Multi-Asset: Other
-0.06%
Rareview Tax Advantaged Income ETF (RTAI) belongs to the Municipal Bonds segment. Saba Opportunistically Hedged Closed-End Funds ETF (CEFS) is part of the Multi-Asset: Other segment. RTAI's top 1 sector exposures are Non-Corporate. In contrast, CEFS's top sector exposures are Non-Corporate and Finance. RTAI is more expensive with a Total Expense Ratio (TER) of 5.24%, versus 2.61% for CEFS. RTAI is down -4.93% year-to-date (YTD) with +$5K in YTD flows. CEFS performs better with 13.27% YTD performance, and +$39M in YTD flows. Run a side-by-side ETF comparison of RTAI and CEFS 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
RTAI vs CEFS performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/15/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | RTAI CEFS | -6.67%-3.92% | -7.75%-2.86% | -4.93%+13.27% | -4.37%+16.70% | +18.97%+75.17% | -14.24%+83.90% |
| Flows | RTAI CEFS | -+$6M | -+$20M | +$5K+$39M | +$5K+$79M | -$4M+$230M | +$5M+$287M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | RTAI CEFS | +7.24%+9.62% | +7.25%+9.37% | +8.82%+10.57% | +9.50%+12.24% |
| Max drawdown | RTAI CEFS | -9.15%-4.11% | -9.15%-4.75% | -10.23%-12.48% | -34.49%-16.51% |
| Max drawdown duration | RTAI CEFS | 78d51d | 78d41d | 374d104d | 1826d436d |
Trading data
RTAI | CEFS | |
Last sale 9/15/2026 at 7:51 PM | $19.62 | $24.73 |
| Previous close 09/15/2026 | $19.93 | $24.58 |
| Consolidated volume 09/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 9/15/2026 at 7:51 PM
Live
Closed
RTAI | CEFS | |
|---|---|---|
| Last price | $19.62 | $24.73 |
| 1D performance | -1.56% | +0.63% |
| AuM | $16.56 M | $428.40 M |
| E/R | 5.24% | 2.61% |
Characteristics
RTAI | CEFS | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Rareview Capital | Saba Capital |
| Benchmark | - | - |
| N° of holdings | 10 | 71 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 21, 2020 | March 21, 2017 |
| ESG | No | No |
Advertisement
Exposure
Countries
RTAI
USA
97.1%
Other
2.9%
CEFS
USA
87.77%
Other
12.23%
Sectors
RTAI
Non-Corporate
97.1%
Other
2.9%
CEFS
Non-Corporate
84.3%
Other
15.7%
Advertisement
Diversification
RTAI
Total weight of top 10 holdings out of 10
97.1%
CEFS
Total weight of top 15 holdings out of 15
58.26%
Top 15 holdings
Data as of July 31, 2026
RTAI
BlackRock MuniHoldings Fund Inc.
17.19%
BlackRock MuniYield Quality Fund, Inc.
13.32%
BlackRock MuniYield Quality Fund III, Inc.
13.30%
Neuberger Municipal Fund Inc.
12.83%
Eaton Vance Municipal Bond Fund
11.02%
Western Asset Managed Municipals Fund Inc.
10.49%
PIMCO Municipal Income Fund II
7.08%
BlackRock MuniHoldings California Quality Fund, Inc.
5.09%
AllianceBernstein National Municipal Income Fund
3.50%
NYLI MacKay DefinedTerm Muni Opportunities Fund
3.28%
CEFS
BlackRock Science & Technology Term Trust
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%
Royce Micro Cap Trust
3.58%
Gabelli Dividend & Income Trust
3.24%
General American Investors Fund
2.91%
PIMCO Dynamic Income Strategy Fund
2.90%
Neuberger Next Generation Connectivity Fund Inc.
2.57%
Nuveen S&P 500 Dynamic Overwrite Fund
2.51%
Neuberger Energy Infrastructure & Income Fund Inc.
2.39%
Virtus Total Return Fund Inc.
2.25%
Mexico Fund, Inc. (The)
2.16%
BlackRock Technology & Private Equity Term Trust
2.05%
Tri-Continental Fund
1.89%
Frequently asked questions about RTAI and CEFS
How have the RTAI and CEFS ETFs performed in 2026?
As of September 15, 2026, RTAI is down -4.93% year-to-date (YTD), while CEFS has returned 13.27%. That puts CEFS better performer ahead so far this year.
Which ETF is attracting more investor money: RTAI or CEFS?
Year-to-date, the RTAI ETF saw +$5K in flows, compared to +$39M for CEFS.
Which ETF is more volatile: RTAI or CEFS?
Over the past year, RTAI had a volatility of 7.25%, while CEFS experienced 9.37%.
Which ETF is bigger: RTAI or CEFS?
As of September 15, 2026, RTAI holds $16.56 M in assets under management (AUM), while CEFS manages $428.40 M.
What sectors do the RTAI and CEFS ETFs invest in?
RTAI leans toward sectors like Non-Corporate. Meanwhile, CEFS focuses on Non-Corporate.
What are the top holdings of the RTAI ETF and CEFS ETF?
RTAI top holdings include BlackRock MuniHoldings Fund Inc., BlackRock MuniYield Quality Fund, Inc. and BlackRock MuniYield Quality Fund III, Inc.. CEFS holds in its top three: BlackRock Science & Technology Term Trust, Virtus Dividend Interest & Premium Strategy Fund and ASA Gold & Precious Metals Ltd..
Which ETF is more diversified: RTAI or CEFS?
RTAI has 10 securities. CEFS has 71 securities and a top 15 weight of 58.26%.
Advertisement
Advertisement
