Ned Davis Research 360 Dynamic Allocation ETF (NDAA)

Overview

The Ned Davis Research 360 Dynamic Allocation ETF (NYSEARCA: NYVT) is an actively managed fund that seeks to maximize total return by dynamically allocating assets across various asset classes, sectors, and geographies based on quantitative and qualitative analysis by Ned Davis Research.

Reputation and Reliability

The ETF is managed by actively managed by actively managed by Vident Investment Advisory. The issuer's reputation is still relatively new and growing in the ETF marketplace.

Management Expertise

The management team at Vident Investment Advisory leverages the research capabilities of Ned Davis Research, known for its macro and technical analysis.

Goal

To maximize total return by dynamically allocating assets across various asset classes, sectors, and geographies.

Investment Approach and Strategy

Strategy: Actively managed, utilizing quantitative and qualitative analysis by Ned Davis Research to determine asset allocation.

Composition The ETF invests in a variety of asset classes including U.S. and international equities, fixed income, and potentially alternative investments via other ETFs.

Market Share: NYVT's market share within the multi-asset allocation ETF category is relatively small compared to larger, more established funds.

Total Net Assets (AUM): 12245958

Key Competitors

• iShares Core Growth Allocation ETF (AOR)
• Vanguard LifeStrategy Growth ETF (VASGX)
• Invesco Balanced Multi-Asset Allocation ETF (PSMB)

Competitive Landscape

The multi-asset allocation ETF space is highly competitive with many established players. NYVT attempts to differentiate itself through the active management and research-driven approach of Ned Davis Research, offering a potentially unique allocation strategy. However, it faces the challenge of proving its ability to outperform passive alternatives and larger competitors with economies of scale.

Historical Performance: Historical performance data (returns) needs to be gathered from reputable financial data providers. A structured array format for returns over various time periods (e.g., 1-year, 3-year, 5-year, 10-year, since inception) is to be presented here.

Benchmark Comparison: Comparison against a relevant benchmark, such as a blended index representing its typical asset allocation, is required. The benchmark needs to be identified and performance data added here in an array format.

Expense Ratio: 0.9

Average Trading Volume

NYVT's average trading volume is relatively low, which may impact the ease of buying and selling shares.

Bid-Ask Spread

The bid-ask spread for NYVT can be relatively wide, especially during periods of low trading volume, potentially increasing transaction costs.

Market Environment Factors

Economic indicators such as interest rates, inflation, and GDP growth, along with sector-specific trends and global market conditions, all influence NYVT's performance. Market volatility and geopolitical events can also significantly impact its asset allocation decisions.

Growth Trajectory

The ETF's growth trajectory depends on its ability to attract assets and demonstrate consistent risk-adjusted returns. Changes in Ned Davis Research's investment outlook and the ETF's asset allocation strategy would highlight shifts in its approach.

Competitive Edge

NYVT's competitive advantage stems primarily from its reliance on the well-respected Ned Davis Research for its asset allocation decisions. The firm's quantitative and qualitative research is its unique selling point, potentially offering investors a sophisticated approach to dynamic asset allocation. Active management allows for nimble adjustments to changing market conditions, which may outperform static allocation strategies. The ETF's flexibility to invest across various asset classes and geographies provides diversification opportunities.

Volatility

NYVT's volatility will depend on its asset allocation mix and the volatility of the underlying assets. Review the ETF's standard deviation and beta relative to its benchmark to assess its historical volatility.

Market Risk

The ETF is subject to market risk, including the potential for losses due to declines in the value of its underlying investments. Specific risks include equity risk, interest rate risk, credit risk (if investing in fixed income), and currency risk (if investing internationally).

Ideal Investor Profile

NYVT is suitable for investors seeking a diversified, actively managed investment solution with a moderate to aggressive risk tolerance. It may appeal to those who value the research and expertise of Ned Davis Research and are comfortable with higher fees associated with active management.

Market Risk

NYVT is best suited for long-term investors who are seeking total return and willing to tolerate moderate to high volatility.

The Ned Davis Research 360 Dynamic Allocation ETF is an actively managed fund that seeks to maximize total return by dynamically allocating assets based on Ned Davis Research's analysis. While it offers a unique investment approach and potential for outperformance, it also carries higher fees and the risk associated with active management. Its relatively small size and limited trading volume are factors to consider. Investors should carefully evaluate their risk tolerance and investment goals before investing in NYVT.

Data Sources:

• Vident Investment Advisory
• ETF.com
• Morningstar
• Bloomberg

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investors should consult with a qualified financial advisor before making any investment decisions.