PRMN vs. GMOM ETF Comparison
Comparison of PlanRock Market Neutral Income ETF (PRMN) to Cambria Global Momentum ETF (GMOM)
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
$28.93
Average Daily Volume
439
8
GMOM
Cambria Global Momentum ETF
GMOM Description
The investment seeks to preserve and grow capital from investments in the U.S. and foreign equity, fixed income, commodity and currency markets, independent of market direction. The fund is considered a "fund of funds" that seeks to achieve its investment objective by primarily investing in other exchange-traded funds and other exchange traded products including, but not limited to, exchange-traded notes, exchange traded currency trusts, closed-end funds, and real estate investment trusts that offer diversified exposure, including inverse exposure, to global regions, countries, styles and sectors.Grade (RS Rating)
Last Trade
$29.59
Average Daily Volume
7,691
10
Performance
Period | PRMN | GMOM |
---|---|---|
30 Days | -0.63% | 0.30% |
60 Days | -0.27% | 3.52% |
90 Days | 0.18% | 4.84% |
12 Months | 13.77% |
0 Overlapping Holdings
Symbol | Grade | Weight in PRMN | Weight in GMOM | Overlap |
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PRMN: Top Represented Industries & Keywords
GMOM: Top Represented Industries & Keywords