PRMN vs. INKM ETF Comparison
Comparison of PlanRock Market Neutral Income ETF (PRMN) to SPDR SSgA Income Allocation ETF (INKM)
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
INKM
SPDR SSgA Income Allocation ETF
INKM Description
The investment seeks to provide total return by focusing on investments in income and yield-generating assets. The fund invests substantially all of its assets in the SSgA Income Allocation Portfolio, a separate series of the SSgA Master Trust with an identical investment objective as the fund. As a result, the fund invests indirectly through the Portfolio. It invests the assets of the Portfolio among ETPs that provide exposure to four primary asset classes: (i) domestic and international equity securities; (ii) domestic and international investment grade and high yield debt securities; (iii) hybrid equity/debt securities; and (iv) REITs.Grade (RS Rating)
Last Trade
$32.01
Average Daily Volume
20,350
14
Performance
| Period | PRMN | INKM |
|---|---|---|
| 30 Days | -1.26% | -2.26% |
| 60 Days | -0.09% | -0.42% |
| 90 Days | -2.00% | 1.73% |
| 12 Months | 16.47% |
1 Overlapping Holdings
| Symbol | Grade | Weight in PRMN | Weight in INKM | Overlap | |
|---|---|---|---|---|---|
| SCHD | B | 14.96% | 8.08% | 8.08% |
PRMN: Top Represented Industries & Keywords
INKM: Top Represented Industries & Keywords
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