FRDM vs. IPPP ETF Comparison
Comparison of Freedom 100 Emerging Markets ETF (FRDM) to Preferred-Plus ETF (IPPP)
FRDM
Freedom 100 Emerging Markets ETF
FRDM Description
The investment seeks to track the total return performance, before fees and expenses, of the Freedom 100 Emerging Markets Index (the index). Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in the component securities of the index or in depositary receipts representing such component securities. The index is designed to track the performance of a portfolio of approximately 100 equity securities listed in emerging market countries. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$33.98
Average Daily Volume
133,313
16
IPPP
Preferred-Plus ETF
IPPP Description
The investment seeks to provide income. The fund invests at least 80% of its net assets (plus any borrowings made for investment purposes) in a portfolio of preferred securities issued by U.S. and non-U.S. companies. It may invest in preferred securities of all issuer capitalizations. The fund may also invest in publicly-traded partnerships (“PTPs”). The Advisor intends to maintain approximately 10% asset exposure to a credit spread options strategy, although market conditions may dictate additional exposure.Grade (RS Rating)
Last Trade
$10.32
Average Daily Volume
1,224
12
Performance
| Period | FRDM | IPPP |
|---|---|---|
| 30 Days | -5.40% | -1.46% |
| 60 Days | -2.74% | -1.73% |
| 90 Days | -5.41% | 2.30% |
| 12 Months | 10.44% | 17.85% |
0 Overlapping Holdings
| Symbol | Grade | Weight in FRDM | Weight in IPPP | Overlap |
|---|
FRDM: Top Represented Industries & Keywords
IPPP: Top Represented Industries & Keywords
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