SHNY vs. ARP ETF Comparison
Comparison of Bank Of Montreal MicroSectors Gold 3X Leveraged ETNs due January 29, 2043 (SHNY) to PMV Adaptive Risk Parity ETF (ARP)
SHNY
Bank Of Montreal MicroSectors Gold 3X Leveraged ETNs due January 29, 2043
SHNY Description
The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Solactive Global Silver Miners Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the index, exchange-traded funds ("ETFs") that track the index and other financial instruments that provide daily leveraged exposure to the index or ETFs that track the index. The index is designed to measure broad based equity market performance of companies involved in the silver mining industry, as defined by Structured Solutions AG. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$45.36
Average Daily Volume
38,488
1
ARP
PMV Adaptive Risk Parity ETF
ARP Description
The PMV Adaptive Risk Parity ETF (the “Fund”) is an actively managed fund that seeks to generate capital appreciation, with lower volatility and reduced correlation to the overall equity market, by taking advantage of broad asset class trends throughout the market cycle.Grade (RS Rating)
Last Trade
$28.76
Average Daily Volume
3,265
5
Performance
| Period | SHNY | ARP |
|---|---|---|
| 30 Days | -10.92% | -0.77% |
| 60 Days | 0.29% | 0.21% |
| 90 Days | 11.86% | 1.24% |
| 12 Months | 76.98% | 16.52% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SHNY | Weight in ARP | Overlap |
|---|
SHNY Overweight 1 Positions Relative to ARP
| Symbol | Grade | Weight | |
|---|---|---|---|
| GLD | C | 100.0% |
SHNY: Top Represented Industries & Keywords
ARP: Top Represented Industries & Keywords
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