AMLP vs. PRMN ETF Comparison
Comparison of Alerian MLP ETF (AMLP) to PlanRock Market Neutral Income ETF (PRMN)
AMLP
Alerian MLP ETF
AMLP Description
The investment seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index. The index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the United States energy infrastructure Master Limited Partnership ("MLP") asset class. The fund will normally invest at least 90% of its total assets in securities that comprise the index (or depositary receipts based on such securities). It is non-diversified.
Grade (RS Rating)
Last Trade
$47.18
Average Daily Volume
1,416,676
14
PRMN
PlanRock Market Neutral Income ETF
PRMN Description
The fund strategy follows a proprietary, rules-based methodology that selects global high dividend-paying ETFs or stocks from those listed on an exchange and with significant underlying security liquidity, while using offsetting short positions through equity index futures. The strategy allocates to long and short equity index futures, volatility futures, options and options on futures to neutralize equity risk exposure and control volatility similar to the global bond market, while striving to achieve high dividend income and capital appreciation over the long-term.Grade (RS Rating)
Last Trade
$29.29
Average Daily Volume
2,032
6
Performance
| Period | AMLP | PRMN |
|---|---|---|
| 30 Days | -0.32% | 1.19% |
| 60 Days | 2.31% | -0.75% |
| 90 Days | -0.87% | 0.94% |
| 12 Months | 22.43% |
0 Overlapping Holdings
| Symbol | Grade | Weight in AMLP | Weight in PRMN | Overlap |
|---|
AMLP: Top Represented Industries & Keywords
PRMN: Top Represented Industries & Keywords
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