PRMN vs. ALTY ETF Comparison
Comparison of PlanRock Market Neutral Income ETF (PRMN) to Global X SuperDividend Alternatives ETF (ALTY)
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
$29.13
Average Daily Volume
286
8
ALTY
Global X SuperDividend Alternatives ETF
ALTY Description
The investment seeks to track, before fees and expenses, the price and yield performance of the Indxx SuperDividend® Alternatives Index ("underlying index"). The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is comprised of securities that rank among the highest dividend yielding securities in each eligible category of alternative income investments, at the time of index reconstitution, as defined by the index provider. The fund is non-diversified.Grade (RS Rating)
Last Trade
$11.97
Average Daily Volume
10,776
19
Performance
| Period | PRMN | ALTY |
|---|---|---|
| 30 Days | -0.03% | 0.62% |
| 60 Days | -0.04% | 0.47% |
| 90 Days | 0.89% | 3.28% |
| 12 Months | 17.87% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PRMN | Weight in ALTY | Overlap |
|---|
PRMN Underweight 19 Positions Relative to ALTY
PRMN: Top Represented Industries & Keywords
ALTY: Top Represented Industries & Keywords
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