PRMN vs. DJD ETF Comparison
Comparison of PlanRock Market Neutral Income ETF (PRMN) to Guggenheim Dow Jones Industrial Average Dividend ETF (DJD)
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
$29.74
Average Daily Volume
499
6
DJD
Guggenheim Dow Jones Industrial Average Dividend ETF
DJD Description
The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the Dow Jones Industrial Average Yield Weighted (the "index"). The fund will invest at least 80% of its total assets in common stocks that comprise the index. The index is designed to provide exposure to high-yielding equity securities of companies included in the Dow Jones Industrial Averageā¢, which is a price-weighted index of 30 U.S. blue-chip companies that meet certain size, listing and liquidity requirements. The fund is non-diversified.Grade (RS Rating)
Last Trade
$46.59
Average Daily Volume
19,052
28
Performance
Period | PRMN | DJD |
---|---|---|
30 Days | 0.42% | -2.63% |
60 Days | 1.41% | 0.45% |
90 Days | -0.19% | 0.54% |
12 Months | 14.21% |
0 Overlapping Holdings
Symbol | Grade | Weight in PRMN | Weight in DJD | Overlap |
---|
PRMN Underweight 28 Positions Relative to DJD
Symbol | Grade | Weight | |
---|---|---|---|
VZ | D | -9.85% | |
MMM | A | -9.4% | |
DOW | D | -7.47% | |
CVX | B | -6.95% | |
KO | A | -4.92% | |
AMGN | B | -4.85% | |
CSCO | F | -4.67% | |
GS | A | -4.6% | |
IBM | D | -4.48% | |
JNJ | D | -3.97% | |
MRK | B | -3.73% | |
PG | A | -3.49% | |
JPM | A | -3.39% | |
HD | C | -3.12% | |
MCD | D | -3.12% | |
HON | D | -3.06% | |
TRV | C | -2.58% | |
CAT | D | -2.35% | |
UNH | B | -2.28% | |
WMT | D | -2.07% | |
NKE | F | -1.97% | |
AXP | B | -1.7% | |
INTC | F | -1.21% | |
DIS | C | -1.19% | |
MSFT | D | -1.05% | |
V | D | -1.04% | |
AAPL | C | -0.79% | |
CRM | D | -0.68% |
PRMN: Top Represented Industries & Keywords
DJD: Top Represented Industries & Keywords