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CEFS vs RULE

Saba Closed-End Funds ETF vs Adaptive Core ETF

CEFS

Saba Closed-End Funds ETF

SABA ETF

Annual cost

2.61%

Fund size

$402M

RULE

Adaptive Core ETF

Mohrfunds

Annual cost

1.84%

Fund size

$14M

Key differences

  • RULE costs 0.77% less per year.
  • CEFS is significantly larger than RULE — larger funds tend to be more liquid and less likely to close.
  • CEFS is classified as alternative, while RULE is mixed asset — different risk/return profiles.
  • Over the last 3 years, CEFS has delivered higher annualized returns.

Side-by-side comparison

CEFSRULE
Annual cost (TER)2.61%1.84%
Fund size (AUM)$402M$14M
Since20172021
Dividend yield6.24%0.00%
Asset classalternativemixed asset
Region
Strategyactive selectionactive selection
CAGR 1Y+24.3%+41.5%
CAGR 3Y+21.5%+16.7%
CAGR 5Y+13.7%N/A
Sharpe 3Y1.390.81
Volatility 1Y9.92%19.69%
Max drawdown-38.99%-30.48%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to CEFS and RULE