PRMN vs. DALI ETF Comparison
Comparison of PlanRock Market Neutral Income ETF (PRMN) to First Trust DorseyWright DALI 1 ETF (DALI)
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
$29.29
Average Daily Volume
2,031
6
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
$25.18
Average Daily Volume
7,825
4
Performance
| Period | PRMN | DALI |
|---|---|---|
| 30 Days | 1.07% | 4.02% |
| 60 Days | 0.42% | 4.67% |
| 90 Days | 1.06% | 4.50% |
| 12 Months | 2.47% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PRMN | Weight in DALI | Overlap |
|---|
PRMN: Top Represented Industries & Keywords
DALI: Top Represented Industries & Keywords
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