PRMN vs. FIG ETF Comparison
Comparison of PlanRock Market Neutral Income ETF (PRMN) to Simplify Macro Strategy ETF (FIG)
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
FIG
Simplify Macro Strategy ETF
FIG Description
Fortress Investment Group LLC is a publicly owned investment manager. The firm primarily provides its services to individuals. It also provides its services to high net worth individuals. The firm invests in the fixed income, currency, equity, derivatives, and commodity markets across the globe. It also launches and manages hedge funds, real estate funds, and private equity funds. The firm also invests in private equity specializing in buyout, recapitalization, control-oriented investments in cash flow generating, asset based businesses and also acquire assets or make debt investments. For private equity, it prefers to invest in financial services (particularly loan servicing and consumer finance, real estate, transportation & energy/infrastructure, gaming, real estate, leisure, media and telecommunications, healthcare and senior living. It also invest in energy, power generation equipment?s, consumer discretionary, healthcare facilities, and independent power and renewable electricity procedures. It considers investments in North America, Caribbean and Western Europe for private equity. In distressed situations, the firm will seek to secure corporate ownership or control by working with a company's board of directors or creditor's committee. It prefer to have majority stake in companies. The firm invests in distressed and undervalued assets and tangible and intangible assets such as real estate, capital assets, natural resources, and intellectual property. The firm?s alternative investments include investment in real estate markets, and distressed real estate loan acquisitions. Fortress Investment Group LLC was founded in 1998 and is based in New York City.Grade (RS Rating)
Last Trade
$20.40
Average Daily Volume
7,494
6
Performance
| Period | PRMN | FIG |
|---|---|---|
| 30 Days | 0.42% | -10.58% |
| 60 Days | 1.41% | -9.90% |
| 90 Days | -0.19% | -10.75% |
| 12 Months | -11.42% |
0 Overlapping Holdings
| Symbol | Grade | Weight in PRMN | Weight in FIG | Overlap |
|---|
PRMN: Top Represented Industries & Keywords
FIG: Top Represented Industries & Keywords
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