DALI vs. VTEB ETF Comparison
Comparison of First Trust DorseyWright DALI 1 ETF (DALI) to Vanguard Tax-Exempt Bond ETF (VTEB)
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
$23.61
Average Daily Volume
11,498
4
VTEB
Vanguard Tax-Exempt Bond ETF
VTEB Description
The investment seeks to track the Standard & Poor's National AMT-Free Municipal Bond Index, which measures the performance of the investment-grade segment of the U.S. municipal bond market. This index includes municipal bonds from issuers that are primarily state or local governments or agencies whose interest is exempt from U.S. federal income taxes and the federal alternative minimum tax (AMT). All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in securities held in the index.Grade (RS Rating)
Last Trade
$50.58
Average Daily Volume
3,788,616
1
Performance
| Period | DALI | VTEB |
|---|---|---|
| 30 Days | -2.07% | 1.28% |
| 60 Days | 0.25% | 2.53% |
| 90 Days | 1.72% | 1.88% |
| 12 Months | -9.31% | 4.71% |
0 Overlapping Holdings
| Symbol | Grade | Weight in DALI | Weight in VTEB | Overlap |
|---|
DALI Underweight 1 Positions Relative to VTEB
| Symbol | Grade | Weight | |
|---|---|---|---|
| NYC | D | -0.02% |
DALI: Top Represented Industries & Keywords
VTEB: Top Represented Industries & Keywords
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