DALI vs. DWAT ETF Comparison
Comparison of First Trust DorseyWright DALI 1 ETF (DALI) to Arrow DWA Tactical ETF (DWAT)
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
$22.13
Average Daily Volume
20,910
4
DWAT
Arrow DWA Tactical ETF
DWAT Description
The investment seeks to achieve long-term capital appreciation with capital preservation as a secondary objective. The fund primarily invests in other exchange traded funds that each invest primarily in domestic and foreign, equity securities of any market capitalization, fixed-income securities of any credit quality, or alternative assets. The fund may invest up to 25% of its total assets in the Tactical Subsidiary. The Tactical Subsidiary will invest primarily in commodity futures, fixed-income securities and cash equivalents, which are intended to serve as margin or collateral for its investments in commodity futures. The fund is non-diversified.Grade (RS Rating)
Last Trade
$10.42
Average Daily Volume
2,900
4
Performance
| Period | DALI | DWAT |
|---|---|---|
| 30 Days | -4.27% | -2.42% |
| 60 Days | -2.27% | -1.66% |
| 90 Days | 1.77% | 1.29% |
| 12 Months | -10.12% | 1.82% |
0 Overlapping Holdings
| Symbol | Grade | Weight in DALI | Weight in DWAT | Overlap |
|---|
DALI: Top Represented Industries & Keywords
DWAT: Top Represented Industries & Keywords
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