PRMN vs. YYY ETF Comparison
Comparison of PlanRock Market Neutral Income ETF (PRMN) to YieldShares High Income ETF (YYY)
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
YYY
YieldShares High Income ETF
YYY Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the ISE High IncomeTM Index (the "index"). The fund will normally invest at least 80% of its total assets in securities of the index. Because the index is comprised of securities issued by other investment companies, the fund operates in a manner that is commonly referred to as a "fund of funds," meaning that it invests its assets in shares of funds included in the index. The index seeks to measure the performance of the top 30 U.S. exchange-listed closed-end funds.Grade (RS Rating)
Last Trade
$12.15
Average Daily Volume
241,422
48
Performance
Period | PRMN | YYY |
---|---|---|
30 Days | 0.20% | 0.92% |
60 Days | -0.16% | 0.43% |
90 Days | 0.97% | 2.34% |
12 Months | 19.21% |
0 Overlapping Holdings
Symbol | Grade | Weight in PRMN | Weight in YYY | Overlap |
---|
PRMN Underweight 48 Positions Relative to YYY
Symbol | Grade | Weight | |
---|---|---|---|
IGR | D | -3.42% | |
JQC | A | -3.24% | |
JFR | A | -3.17% | |
BSTZ | A | -3.1% | |
BCAT | A | -3.08% | |
BIGZ | A | -3.04% | |
HQH | D | -3.03% | |
BMEZ | D | -2.94% | |
FRA | B | -2.72% | |
ASGI | C | -2.66% | |
AVK | B | -2.3% | |
HQL | F | -2.17% | |
IGD | A | -2.16% | |
HIX | B | -2.15% | |
ZTR | B | -1.98% | |
AWP | C | -1.97% | |
JRI | B | -1.96% | |
NCV | A | -1.73% | |
EDD | D | -1.64% | |
BGT | B | -1.62% | |
RIV | D | -1.49% | |
FCT | A | -1.48% | |
FTF | B | -1.45% | |
KYN | A | -1.03% | |
USA | A | -1.01% | |
HYT | A | -0.99% | |
NML | A | -0.99% | |
DSL | B | -0.97% | |
DSU | B | -0.97% | |
JPC | A | -0.97% | |
ETV | A | -0.96% | |
EVT | A | -0.94% | |
ISD | C | -0.94% | |
KIO | D | -0.92% | |
BGB | A | -0.92% | |
BTZ | C | -0.92% | |
ASG | B | -0.91% | |
EVV | C | -0.91% | |
HIO | B | -0.91% | |
EMD | C | -0.89% | |
NPFD | A | -0.89% | |
THQ | F | -0.88% | |
NFJ | B | -0.88% | |
ETW | B | -0.87% | |
EXG | C | -0.86% | |
RA | B | -0.86% | |
IFN | F | -0.85% | |
CPZ | C | -0.79% |
PRMN: Top Represented Industries & Keywords
YYY: Top Represented Industries & Keywords