DALI vs. ARP ETF Comparison
Comparison of First Trust DorseyWright DALI 1 ETF (DALI) to PMV Adaptive Risk Parity ETF (ARP)
DALI
First Trust DorseyWright DALI 1 ETF
DALI Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an index called the Nasdaq Dorsey Wright DALI 1 Index. Under normal conditions, the fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the index. The index has been designed based upon the principle that the asset class exhibiting the highest levels of "relative strength," based on current prices, will be the asset class with the best performance over the near term. It is non-diversified.
Grade (RS Rating)
Last Trade
$24.56
Average Daily Volume
15,396
4
ARP
PMV Adaptive Risk Parity ETF
ARP Description
The PMV Adaptive Risk Parity ETF (the “Fund”) is an actively managed fund that seeks to generate capital appreciation, with lower volatility and reduced correlation to the overall equity market, by taking advantage of broad asset class trends throughout the market cycle.Grade (RS Rating)
Last Trade
$28.30
Average Daily Volume
3,630
8
Performance
| Period | DALI | ARP |
|---|---|---|
| 30 Days | 3.43% | 3.40% |
| 60 Days | 4.33% | 3.87% |
| 90 Days | 6.14% | 4.99% |
| 12 Months | -6.34% | 13.14% |
0 Overlapping Holdings
| Symbol | Grade | Weight in DALI | Weight in ARP | Overlap |
|---|
DALI: Top Represented Industries & Keywords
ARP: Top Represented Industries & Keywords
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