Ned Davis Research 360 Dynamic Allocation ETF (NDAA)

Overview

The Ned Davis Research 360 Dynamic Allocation ETF (NYSEMKT: NYRD) is an actively managed fund that seeks long-term capital appreciation by dynamically allocating assets across a broad range of global asset classes, including stocks, bonds, commodities, and currencies. The fund's strategy is based on Ned Davis Research's proprietary investment models.

Reputation and Reliability

The issuer's reputation should be checked for reliability and consistency in performance. This information is readily available via financial news and review websites.

Management Expertise

The experience and expertise of the management team play a crucial role in the ETF's performance.

Goal

The primary investment goal is long-term capital appreciation.

Investment Approach and Strategy

Strategy: The ETF does not track a specific index. It uses an active allocation strategy based on proprietary models.

Composition The ETF holds a mix of other ETFs, representing various asset classes like stocks, bonds, commodities, and currencies. Holdings are actively adjusted based on market conditions.

Market Share: Market share data for actively managed dynamic allocation ETFs varies and can be difficult to pinpoint without specific current AUM data for all competitors.

Total Net Assets (AUM): 122300000

Key Competitors

• AOA
• AOR
• AOM
• AOK
• IVV
• VTI

Competitive Landscape

The ETF industry for dynamic allocation is competitive, with numerous ETFs offering various approaches. NYRD differentiates itself through Ned Davis Research's proprietary models, but faces competition from larger, more established funds with lower expense ratios. NYRD's active management can potentially provide better returns in certain market conditions, but also carries higher risk and costs.

Historical Performance: Historical performance data should be checked from financial news and review websites for an in-depth understanding of its track record.

Benchmark Comparison: The ETF's performance should be compared to a blended benchmark reflecting its asset allocation to gauge effectiveness. Financial analysis platforms can show a blended benchmark for comparison.

Expense Ratio: 0.90

Average Trading Volume

The ETF's liquidity, indicated by its average trading volume, is moderate and can fluctuate based on market conditions.

Bid-Ask Spread

The bid-ask spread for NYRD can be moderate to wide, depending on trading volume and market volatility, potentially increasing trading costs.

Market Environment Factors

Economic indicators (GDP growth, inflation), interest rates, and global market conditions significantly affect NYRD. Sector growth prospects and geopolitical events also play a crucial role.

Growth Trajectory

NYRD's growth depends on its ability to outperform its blended benchmark through effective asset allocation and active management. Changes in strategy and holdings are frequent reflecting its dynamic approach.

Competitive Edge

NYRD's competitive edge lies in its use of Ned Davis Research's proprietary quantitative models for asset allocation. This approach aims to identify and capitalize on market trends and inefficiencies. The ETF's dynamic allocation strategy allows it to adapt to changing market conditions. However, its higher expense ratio could be a disadvantage compared to passively managed funds.

Volatility

Volatility depends on the asset allocation and market conditions. Generally, actively managed ETFs can exhibit higher volatility.

Market Risk

The ETF is subject to market risk associated with its underlying assets, including equities, bonds, and commodities. Economic downturns, interest rate hikes, and geopolitical events can impact performance.

Ideal Investor Profile

The ideal investor is one who is seeking long-term capital appreciation, comfortable with moderate to high risk, and willing to pay a higher expense ratio for active management.

Market Risk

NYRD may be suitable for long-term investors seeking diversification and active management, but may not be ideal for active traders due to potentially wider spreads and higher expenses.

Ned Davis Research 360 Dynamic Allocation ETF (NYRD) is an actively managed fund leveraging proprietary models for dynamic asset allocation. It targets long-term capital appreciation by investing across global asset classes. Its higher expense ratio and active management differentiate it from passive competitors. Ideal investors are long-term, risk-tolerant individuals seeking diversification and active management expertise.

Data Sources:

• Financial News Providers
• ETF.com
• Morningstar
• Company Fact Sheet

Disclaimers:

This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and after consulting with a qualified financial advisor. Market share and other numerical data are estimates and may not reflect real-time values.