SQEW vs. DALI ETF Comparison
Comparison of LeaderShares Equity Skew ETF (SQEW) to First Trust DorseyWright DALI 1 ETF (DALI)
SQEW
LeaderShares Equity Skew ETF
SQEW Description
The investment seeks to generate long-term capital growth. The fund is an actively managed exchange traded fund (ETF) that normally invests at least 80% of its net assets, including any borrowings for investment purposes, in equity securities. It employs a contrarian strategy seeking to buy underperforming asset classes and/or factors and sell outperforming asset classes and/or factors based on quantitative research. The fund may have a higher degree of portfolio turnover than funds that seek to replicate the performance of an index.
Grade (RS Rating)
Last Trade
$33.67
Average Daily Volume
8,969
3
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
$25.16
Average Daily Volume
4,253
4
Performance
Period | SQEW | DALI |
---|---|---|
30 Days | -0.64% | 0.83% |
60 Days | 1.14% | 2.23% |
90 Days | 5.97% | 10.69% |
12 Months | 17.94% | 10.77% |
0 Overlapping Holdings
Symbol | Grade | Weight in SQEW | Weight in DALI | Overlap |
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SQEW: Top Represented Industries & Keywords
DALI: Top Represented Industries & Keywords