PRMN vs. RINC ETF Comparison
Comparison of PlanRock Market Neutral Income ETF (PRMN) to AXS Real Estate Income ETF (RINC)
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
2,032
6
RINC
AXS Real Estate Income ETF
RINC Description
The fund uses a "passive management" approach to track the performance, before fees and expenses, of the index. Under normal circumstances, at least 80% of the fund"s net assets, plus borrowings for investment purposes, will be invested in the component securities of the index. The index consists primarily of common stocks of U.S. publicly traded real estate investment trusts that focus on owning commercial and residential mortgages and mortgage-backed securities and to a lesser extent, publicly traded closed-end funds. It is non-diversified.Grade (RS Rating)
Last Trade
$23.65
Average Daily Volume
3,136
10
Performance
| Period | PRMN | RINC |
|---|---|---|
| 30 Days | 1.19% | -3.03% |
| 60 Days | -0.75% | 0.05% |
| 90 Days | 0.94% | 4.77% |
| 12 Months | 13.78% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PRMN | Weight in RINC | Overlap |
|---|
PRMN: Top Represented Industries & Keywords
RINC: Top Represented Industries & Keywords
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