HEZU vs. PRMN ETF Comparison
Comparison of iShares Currency Hedged MSCI EMU ETF (HEZU) to PlanRock Market Neutral Income ETF (PRMN)
HEZU
iShares Currency Hedged MSCI EMU ETF
HEZU Description
The investment seeks to track the investment results of the MSCI EMU 100% Hedged to USD Index. The index has been developed by MSCI Inc. ("MSCI") as an equity benchmark for the European Monetary Union countries with the currency risk of the securities included in the index hedged against the U.S. dollar on a monthly basis. The fund generally invests at least 80% of its assets in securities of the index (including indirect investments through the underlying fund) and in depositary receipts representing securities of the index, including foreign currency forward contracts designed to hedge against non-U.S. currency fluctuations. It is non-diversified.
Grade (RS Rating)
Last Trade
$36.53
Average Daily Volume
95,880
1
PRMN
PlanRock Market Neutral Income ETF
PRMN Description
The fund strategy follows a proprietary, rules-based methodology that selects global high dividend-paying ETFs or stocks from those listed on an exchange and with significant underlying security liquidity, while using offsetting short positions through equity index futures. The strategy allocates to long and short equity index futures, volatility futures, options and options on futures to neutralize equity risk exposure and control volatility similar to the global bond market, while striving to achieve high dividend income and capital appreciation over the long-term.Grade (RS Rating)
Last Trade
$29.39
Average Daily Volume
344
6
Performance
Period | HEZU | PRMN |
---|---|---|
30 Days | -2.88% | -1.61% |
60 Days | 2.67% | -1.50% |
90 Days | 0.74% | -0.19% |
12 Months | 14.96% |
0 Overlapping Holdings
Symbol | Grade | Weight in HEZU | Weight in PRMN | Overlap |
---|
HEZU Overweight 1 Positions Relative to PRMN
Symbol | Grade | Weight | |
---|---|---|---|
EZU | C | 101.16% |
HEZU: Top Represented Industries & Keywords
PRMN: Top Represented Industries & Keywords