FIG vs. GDMA ETF Comparison
Comparison of Simplify Macro Strategy ETF (FIG) to Gadsden Dynamic Multi-Asset ETF (GDMA)
FIG
Simplify Macro Strategy ETF
FIG Description
Fortress Investment Group LLC is a publicly owned investment manager. The firm primarily provides its services to individuals. It also provides its services to high net worth individuals. The firm invests in the fixed income, currency, equity, derivatives, and commodity markets across the globe. It also launches and manages hedge funds, real estate funds, and private equity funds. The firm also invests in private equity specializing in buyout, recapitalization, control-oriented investments in cash flow generating, asset based businesses and also acquire assets or make debt investments. For private equity, it prefers to invest in financial services (particularly loan servicing and consumer finance, real estate, transportation & energy/infrastructure, gaming, real estate, leisure, media and telecommunications, healthcare and senior living. It also invest in energy, power generation equipment?s, consumer discretionary, healthcare facilities, and independent power and renewable electricity procedures. It considers investments in North America, Caribbean and Western Europe for private equity. In distressed situations, the firm will seek to secure corporate ownership or control by working with a company's board of directors or creditor's committee. It prefer to have majority stake in companies. The firm invests in distressed and undervalued assets and tangible and intangible assets such as real estate, capital assets, natural resources, and intellectual property. The firm?s alternative investments include investment in real estate markets, and distressed real estate loan acquisitions. Fortress Investment Group LLC was founded in 1998 and is based in New York City.
Grade (RS Rating)
Last Trade
$20.73
Average Daily Volume
8,264
6
GDMA
Gadsden Dynamic Multi-Asset ETF
GDMA Description
The investment seeks total return. The fund seeks to achieve its investment objective by investing (i) approximately 80% of its total assets with exposure to a variety of asset classes, geographies, and market capitalizations generally based on a long-term view of macroeconomic factors and (ii) approximately 20% of its total assets to add or reduce exposure to one or more asset classes generally based on a short-term view of the market. It may invest in futures contracts to gain long or short exposure to one or more asset classes.Grade (RS Rating)
Last Trade
$30.63
Average Daily Volume
11,879
18
Performance
| Period | FIG | GDMA |
|---|---|---|
| 30 Days | -8.86% | -1.00% |
| 60 Days | -9.00% | -0.39% |
| 90 Days | -9.36% | 1.30% |
| 12 Months | -9.86% | 7.95% |
0 Overlapping Holdings
| Symbol | Grade | Weight in FIG | Weight in GDMA | Overlap |
|---|
FIG: Top Represented Industries & Keywords
GDMA: Top Represented Industries & Keywords
Compare ETFs
