PRAE vs. MPAY ETF Comparison
Comparison of PlanRock Alternative Growth ETF (PRAE) to Akros Monthly Payout ETF (MPAY)
PRAE
PlanRock Alternative Growth ETF
PRAE Description
The fund is composed of U.S. and foreign ETFs of any market capitalization, stocks and alternative investments, such as equity index futures, and commodities and currencies, that represent multiple equity market segments of any investing style, market capitalization, country (including emerging markets), or sector. The strategy follows a proprietary, rules-based, alternative equity methodology that selects ETFs, stocks or derivatives with significant underlying security liquidity, asset levels and market representation.
Grade (RS Rating)
Last Trade
$32.05
Average Daily Volume
1,834
6
MPAY
Akros Monthly Payout ETF
MPAY Description
MPAY seeks to provide potential monthly distributions, which may include return of capital to investors. The index is generally comprised of 50 stocks and 18 ETFs. For the stock component of the index, only those listed on a US exchange and have a market-cap of at least $1 billion may be included. A proprietary algorithm analyzes historical financial and trading data to rank and select stocks based on their excess return factor, which is a formula that gauges whether a stock could outperform future markets. The top 50 stocks are selected to be included. The ETF component of the index aims to cut across different asset classes: mainly foreign equity, broad commodity, gold, Treasurys, bonds, REITs, MBTs, and global infrastructure ETFs. Individual weights are based on a proprietary methodology that incorporates modern portfolio theory principles such as historical covariance, historical mean, historical risk contribution, and cluster analysis. The index is rebalanced monthly and is non-diversified.Grade (RS Rating)
Last Trade
$24.58
Average Daily Volume
1,091
52
Performance
| Period | PRAE | MPAY |
|---|---|---|
| 30 Days | 4.45% | 4.97% |
| 60 Days | -4.83% | -3.58% |
| 90 Days | -1.25% | 1.45% |
| 12 Months | 17.12% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PRAE | Weight in MPAY | Overlap |
|---|
PRAE Underweight 52 Positions Relative to MPAY
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | D | -6.38% | |
| AAPL | C | -5.94% | |
| MSFT | D | -5.7% | |
| AMZN | D | -4.97% | |
| GOOGL | D | -4.73% | |
| GLDM | A | -3.6% | |
| IAUM | A | -3.36% | |
| LLY | B | -3.04% | |
| WMT | A | -2.21% | |
| TSLA | D | -1.83% | |
| ORCL | A | -1.78% | |
| V | A | -1.77% | |
| COST | B | -1.77% | |
| MA | B | -1.76% | |
| UNH | A | -1.74% | |
| HD | B | -1.74% | |
| ADBE | B | -1.57% | |
| XOM | C | -1.55% | |
| MRK | D | -1.53% | |
| NOW | B | -1.46% | |
| JNJ | B | -1.46% | |
| AMAT | F | -1.45% | |
| ABBV | B | -1.45% | |
| NFLX | B | -1.44% | |
| CRM | D | -1.43% | |
| LOW | B | -1.37% | |
| QCOM | F | -1.36% | |
| ACN | A | -1.34% | |
| CVX | F | -1.32% | |
| LRCX | F | -1.32% | |
| KLAC | D | -1.32% | |
| MCD | A | -1.31% | |
| INTU | D | -1.3% | |
| CAT | C | -1.28% | |
| HCA | B | -1.28% | |
| FTNT | B | -1.28% | |
| TJX | B | -1.28% | |
| CSCO | B | -1.28% | |
| PM | A | -1.27% | |
| LIN | B | -1.27% | |
| BKNG | C | -1.26% | |
| PEP | A | -1.25% | |
| NKE | C | -1.25% | |
| ADP | B | -1.24% | |
| AZO | B | -1.24% | |
| ABNB | F | -1.23% | |
| TXN | C | -1.23% | |
| ABT | A | -1.23% | |
| LMT | A | -1.23% | |
| UPS | F | -1.22% | |
| RTX | B | -1.19% | |
| DELL | F | -1.02% |
PRAE: Top Represented Industries & Keywords
MPAY: Top Represented Industries & Keywords
Compare ETFs
