Saba Closed-End Funds ETF (CEFS)
CEFS is an actively managed ETF by Exchange Traded Concepts. CEFS launched on Mar 21, 2017 and has a 3.80% expense ratio.
ETF Info
US30151E8066
30151E806
Mar 21, 2017
North America (U.S.)
1x
No Index (Active)
Multi-Cap
Blend
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Saba Closed-End Funds ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Saba Closed-End Funds ETF had a return of 22.58% year-to-date (YTD) and 29.23% in the last 12 months.
CEFS
22.58%
-1.67%
8.10%
29.23%
11.92%
N/A
^GSPC (Benchmark)
23.62%
0.54%
11.19%
30.63%
13.61%
11.16%
Monthly Returns
The table below presents the monthly returns of CEFS, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.54% | 3.76% | 5.65% | -3.60% | 5.12% | 3.74% | 1.55% | 2.24% | 2.62% | -1.81% | 22.58% | ||
| 2023 | 9.96% | -2.73% | 1.26% | -0.42% | -1.26% | 5.19% | 3.80% | -2.09% | -4.41% | -3.64% | 11.46% | 3.54% | 21.01% |
| 2022 | -1.18% | -1.37% | -0.20% | -4.24% | 0.62% | -7.18% | 7.45% | 1.90% | -9.49% | 4.29% | 8.10% | -4.41% | -7.09% |
| 2021 | 2.68% | 2.18% | 3.92% | 2.00% | 0.65% | 1.45% | -0.20% | 1.57% | 0.61% | 1.73% | -1.24% | 1.30% | 17.86% |
| 2020 | 0.67% | -4.58% | -21.51% | 7.53% | 7.98% | 1.63% | 5.01% | 2.87% | -1.33% | -0.01% | 8.11% | 0.87% | 3.40% |
| 2019 | 10.28% | 4.48% | 0.02% | 3.95% | -2.86% | 3.09% | 0.66% | -1.33% | 1.55% | 0.79% | 0.88% | 3.80% | 27.71% |
| 2018 | 1.35% | -1.94% | -1.81% | 1.42% | -1.24% | -0.28% | 0.97% | 0.80% | 0.65% | -4.85% | -0.60% | -5.27% | -10.55% |
| 2017 | 1.46% | 3.20% | 1.20% | 0.52% | 2.99% | -0.84% | 2.83% | 0.76% | -0.12% | 1.87% | 14.67% |
Expense Ratio
CEFS has a high expense ratio of 3.80%, indicating higher-than-average management fees.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of CEFS is 89, placing it in the top 11% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Saba Closed-End Funds ETF (CEFS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Saba Closed-End Funds ETF provided a 8.03% dividend yield over the last twelve months, with an annual payout of $1.75 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $1.75 | $1.75 | $1.95 | $2.22 | $1.68 | $1.57 | $1.73 | $1.35 |
Dividend yield | 8.03% | 9.20% | 11.32% | 10.73% | 8.61% | 7.56% | 9.84% | 6.28% |
Monthly Dividends
The table displays the monthly dividend distributions for Saba Closed-End Funds ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.00 | $1.40 | |
| 2023 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.21 | $1.75 |
| 2022 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.41 | $1.95 |
| 2021 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.68 | $2.22 |
| 2020 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $1.68 |
| 2019 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.03 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $1.57 |
| 2018 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.19 | $1.73 |
| 2017 | $0.13 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.14 | $0.23 | $1.35 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Saba Closed-End Funds ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Saba Closed-End Funds ETF was 38.99%, occurring on Mar 23, 2020. Recovery took 170 trading sessions.
The current Saba Closed-End Funds ETF drawdown is 2.90%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.99% | Feb 21, 2020 | 22 | Mar 23, 2020 | 170 | Nov 20, 2020 | 192 |
| -16.85% | Nov 17, 2021 | 150 | Jun 23, 2022 | 154 | Feb 2, 2023 | 304 |
| -16.67% | Jan 26, 2018 | 228 | Dec 21, 2018 | 42 | Feb 25, 2019 | 270 |
| -11.04% | Aug 2, 2023 | 62 | Oct 27, 2023 | 23 | Nov 30, 2023 | 85 |
| -10% | Feb 3, 2023 | 34 | Mar 23, 2023 | 55 | Jun 12, 2023 | 89 |
Volatility
Volatility Chart
The current Saba Closed-End Funds ETF volatility is 3.10%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.