PRMN vs. DYFI ETF Comparison
Comparison of PlanRock Market Neutral Income ETF (PRMN) to IDX Dynamic Fixed Income ETF (DYFI)
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
$29.89
Average Daily Volume
564
6
DYFI
IDX Dynamic Fixed Income ETF
DYFI Description
The fund is an actively managed exchange traded fund ("ETF") that is a "fund of funds," meaning that it normally invests at least 80% of its net assets, including any borrowings for investment purposes, in other ETFs that invest in various sectors of the debt markets, including corporate bonds, U.S. government and agency securities, private debt, foreign bonds (including emerging markets), foreign sovereign bonds, convertible securities, Treasury Inflation Protected Securities (TIPS), bank loans, asset-backed securities, mortgage-backed securities, and cash equivalent instruments. The fund is non-diversified.Grade (RS Rating)
Last Trade
$24.37
Average Daily Volume
13,345
5
Performance
| Period | PRMN | DYFI |
|---|---|---|
| 30 Days | 0.45% | -0.31% |
| 60 Days | 1.26% | -1.82% |
| 90 Days | 1.87% | -1.09% |
| 12 Months |
0 Overlapping Holdings
| Symbol | Grade | Weight in PRMN | Weight in DYFI | Overlap |
|---|
PRMN: Top Represented Industries & Keywords
DYFI: Top Represented Industries & Keywords
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