DALI vs. UVXY ETF Comparison
Comparison of First Trust DorseyWright DALI 1 ETF (DALI) to Ultra VIX Short Term Futures ETF (UVXY)
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
$23.11
Average Daily Volume
9,890
4
UVXY
Ultra VIX Short Term Futures ETF
UVXY Description
The Ultra Fund seeks daily results that match (before fees and expenses) two times (2x) the daily performance of the S&P 500 VIX Short-Term Futures Index. The index seeks to offer exposure to market volatility through publicly traded futures markets and is designed to measure the return from a rolling long position in the first and second month VIX futures contracts.Grade (RS Rating)
Last Trade
$30.36
Average Daily Volume
11,546,493
1
Performance
| Period | DALI | UVXY |
|---|---|---|
| 30 Days | 4.00% | -28.65% |
| 60 Days | -5.33% | 40.82% |
| 90 Days | -1.96% | 24.68% |
| 12 Months | -9.69% | -58.75% |
0 Overlapping Holdings
| Symbol | Grade | Weight in DALI | Weight in UVXY | Overlap |
|---|
DALI Underweight 1 Positions Relative to UVXY
| Symbol | Grade | Weight | |
|---|---|---|---|
| VXX | B | -1.46% |
DALI: Top Represented Industries & Keywords
UVXY: Top Represented Industries & Keywords
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