IFV vs. PRMN ETF Comparison
Comparison of First Trust Dorsey Wright International Focus 5 ETF (IFV) to PlanRock Market Neutral Income ETF (PRMN)
IFV
First Trust Dorsey Wright International Focus 5 ETF
IFV Description
The investment seeks investment results that correspond generally to the price andyield (before fees and expenses) of an index called the Dorsey WrightInternational Focus Five Index. The fund will normally invest at least 90% of its net assets (plus the amount ofany borrowings for investment purposes) in the exchange-traded funds ("ETFs") that comprise the index. The index is designed to provide targeted exposure to the five First Trust country/region-based ETFs that the index Provider believes offer the greatest potential to outperform the other ETFs in the selection universe. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$19.62
Average Daily Volume
22,153
3
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
$29.15
Average Daily Volume
327
8
Performance
Period | IFV | PRMN |
---|---|---|
30 Days | -2.37% | 0.20% |
60 Days | -6.38% | -0.16% |
90 Days | -5.20% | 0.97% |
12 Months | 7.97% |
0 Overlapping Holdings
Symbol | Grade | Weight in IFV | Weight in PRMN | Overlap |
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IFV: Top Represented Industries & Keywords
PRMN: Top Represented Industries & Keywords