RAAX vs. GAA ETF Comparison
Comparison of VanEck Vectors Real Asset Allocation ETF (RAAX) to Cambria Global Asset Allocation ETF (GAA)
RAAX
VanEck Vectors Real Asset Allocation ETF
RAAX Description
The investment seeks long-term total return. The fund invests, under normal circumstances, primarily in (i) exchange traded products that provide exposure to real assets through investment in domestic and foreign equity and debt securities, master limited partnerships ("MLPs"), and physical commodities, including ETFs and non-1940 Act (defined herein) commodity pools or commodity trusts and exchange traded notes ("ETNs") (collectively, "ETPs"); and (ii) cash or cash equivalents. It is non-diversified.
Grade (RS Rating)
Last Trade
$27.23
Average Daily Volume
21,394
10
GAA
Cambria Global Asset Allocation ETF
GAA Description
The investment seeks to track the performance, before fees and expenses, of the Cambria Global Asset Allocation Index. Under normal market conditions, the fund invests at least 80% of its total assets in the components of the underlying index or in depositary receipts representing components of the underlying index. The underlying index is designed to provide diversified exposure, including inverse exposure, to all of the major world asset classes in the various regions, countries and sectors around the globe.Grade (RS Rating)
Last Trade
$28.59
Average Daily Volume
7,177
19
Performance
Period | RAAX | GAA |
---|---|---|
30 Days | 1.84% | 0.07% |
60 Days | 8.32% | 2.95% |
90 Days | 7.65% | 3.87% |
12 Months | 8.19% | 9.97% |
1 Overlapping Holdings
Symbol | Grade | Weight in RAAX | Weight in GAA | Overlap | |
---|---|---|---|---|---|
GDX | A | 1.25% | 1.01% | 1.01% |
RAAX Underweight 18 Positions Relative to GAA
RAAX: Top Represented Industries & Keywords
GAA: Top Represented Industries & Keywords