DALI vs. OCIO ETF Comparison
Comparison of First Trust DorseyWright DALI 1 ETF (DALI) to ClearShares OCIO ETF (OCIO)
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
$23.92
Average Daily Volume
19,839
4
OCIO
ClearShares OCIO ETF
OCIO Description
The investment seeks to outperform a traditional 60/40 mix of global equity and fixed-income investments. The fund is expected to typically invest approximately 40% to 70% of its total assets in underlying funds that principally invest in equity securities of any market capitalization. It is expected to typically invest approximately 20% to 50% of its total assets in underlying funds that principally invest in debt obligations.Grade (RS Rating)
Last Trade
$32.26
Average Daily Volume
1,045
15
Performance
Period | DALI | OCIO |
---|---|---|
30 Days | 6.17% | 4.35% |
60 Days | 2.56% | 1.76% |
90 Days | 4.40% | 3.40% |
12 Months | -3.46% | 12.26% |
0 Overlapping Holdings
Symbol | Grade | Weight in DALI | Weight in OCIO | Overlap |
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DALI: Top Represented Industries & Keywords
OCIO: Top Represented Industries & Keywords