NDOW vs. PRMN ETF Comparison
Comparison of Anydrus Advantage ETF (NDOW) to PlanRock Market Neutral Income ETF (PRMN)
NDOW
Anydrus Advantage ETF
NDOW Description
The fund is an actively managed ETF that seeks to achieve its investment objective by investing in a combination of equity securities, fixed income securities and ETFs representing a broad range of asset classes. The fund seeks to provide attractive risk adjusted returns over market cycles by investing in a broadly diversified portfolio. In doing so, the fund seeks to provide investors with 1) reduced correlation to U.S. only stock and bond market movements, and 2) multiple alternative return sources that are independent from traditional U.S. stock and bond markets.
Grade (RS Rating)
Last Trade
$24.89
Average Daily Volume
3,113
37
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
$28.92
Average Daily Volume
1,227
8
Performance
| Period | NDOW | PRMN |
|---|---|---|
| 30 Days | -2.47% | -1.26% |
| 60 Days | -0.87% | -0.09% |
| 90 Days | -0.10% | -2.00% |
| 12 Months |
1 Overlapping Holdings
| Symbol | Grade | Weight in NDOW | Weight in PRMN | Overlap | |
|---|---|---|---|---|---|
| SCHD | B | 4.14% | 14.96% | 4.14% |
NDOW Overweight 36 Positions Relative to PRMN
| Symbol | Grade | Weight | |
|---|---|---|---|
| FLIA | B | 9.22% | |
| IBTH | C | 8.46% | |
| VGIT | C | 8.36% | |
| IEI | C | 6.91% | |
| XEMD | C | 6.17% | |
| SCHI | C | 4.94% | |
| IDMO | D | 4.9% | |
| BSJS | C | 4.53% | |
| BKLC | A | 4.2% | |
| SPMO | B | 4.2% | |
| XSVN | D | 3.9% | |
| VGLT | D | 2.85% | |
| GLTR | B | 2.85% | |
| ETN | B | 0.94% | |
| SRE | C | 0.94% | |
| NEE | D | 0.94% | |
| JPM | A | 0.93% | |
| NXPI | C | 0.88% | |
| FCX | D | 0.86% | |
| MPWR | F | 0.86% | |
| BCC | D | 0.84% | |
| OGN | D | 0.69% | |
| BNTX | B | 0.65% | |
| BABA | B | 0.63% | |
| ESEA | D | 0.63% | |
| NICE | C | 0.63% | |
| FINV | B | 0.6% | |
| VRTX | D | 0.6% | |
| BIDU | F | 0.57% | |
| NTES | F | 0.51% | |
| ABBV | A | 0.5% | |
| YY | D | 0.49% | |
| INFY | D | 0.48% | |
| E | D | 0.47% | |
| REGN | F | 0.47% | |
| PBR | F | 0.45% |
NDOW: Top Represented Industries & Keywords
PRMN: Top Represented Industries & Keywords
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