ARP vs. DALI ETF Comparison
Comparison of PMV Adaptive Risk Parity ETF (ARP) to First Trust DorseyWright DALI 1 ETF (DALI)
ARP
PMV Adaptive Risk Parity ETF
ARP Description
The PMV Adaptive Risk Parity ETF (the “Fund”) is an actively managed fund that seeks to generate capital appreciation, with lower volatility and reduced correlation to the overall equity market, by taking advantage of broad asset class trends throughout the market cycle.
Grade (RS Rating)
Last Trade
$26.54
Average Daily Volume
4,246
Number of Holdings
*
6
* may have additional holdings in another (foreign) market
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
$22.90
Average Daily Volume
21,923
Number of Holdings
*
4
* may have additional holdings in another (foreign) market
Performance
Period | ARP | DALI |
---|---|---|
30 Days | -1.53% | -3.38% |
60 Days | -0.02% | -3.64% |
90 Days | 3.35% | 1.93% |
12 Months | 8.05% | -7.55% |
0 Overlapping Holdings
Symbol | Grade | Weight in ARP | Weight in DALI | Overlap |
---|
ARP: Top Represented Industries & Keywords
Industries:
Keywords:
ETF
Exchange Traded Fund
Active Management
Exchange Traded Funds
Index Fund
Stock Market Index
Barclays U.S. Long Government
Bloomberg Barclays Us Aggregate Bond Index
Bond
Bond Market Indices
Bullion
Corporate Bond
Exchange Traded Products
Fixed Income
Ftse Developed Europe Index Financials
Government Bond
Inflation
Invesco Powershares
Mutual Fund
Mutual Fund Trust
DALI: Top Represented Industries & Keywords