Day Hagan/Ned Davis Research Smart Sector International ETF (SSXU)

Overview

The Day Hagan/Ned Davis Research Smart Sector International ETF is an actively managed fund that aims to provide long-term capital appreciation by strategically allocating assets across international equity sectors based on relative strength analysis.

Reputation and Reliability

Day Hagan Asset Management is known for its quantitative and rules-based investment strategies. Ned Davis Research provides the underlying research and sector rotation methodology.

Management Expertise

The management team combines quantitative expertise with macro-economic research to make sector allocation decisions.

Goal

To achieve long-term capital appreciation through strategic sector allocation within international equity markets.

Investment Approach and Strategy

Strategy: The ETF uses a relative strength-based sector rotation strategy, shifting investments towards sectors showing the strongest performance relative to others.

Composition The ETF primarily holds stocks of companies located in developed international markets, allocated across various sectors.

Market Share: Data unavailable.

Total Net Assets (AUM): Data unavailable.

Key Competitors

• VEU
• IXUS
• ACWX

Competitive Landscape

The international equity ETF market is highly competitive, with numerous passively managed, broad market ETFs dominating market share. DHND's active management and sector rotation strategy differentiate it, aiming to outperform passive benchmarks. A disadvantage is the higher expense ratio compared to passive options. Advantages include active management and the potential to outperform during certain market cycles.

Historical Performance: Data unavailable.

Benchmark Comparison: Data unavailable.

Expense Ratio: Data unavailable.

Average Trading Volume

Average trading volume information is unavailable.

Bid-Ask Spread

Bid-ask spread details for this ETF are currently unavailable.

Market Environment Factors

Economic growth in developed international markets, interest rate policies of central banks, and geopolitical events can impact the fund's performance. Sector-specific factors also play a significant role.

Growth Trajectory

Growth will depend on the success of its sector rotation strategy and investor demand for active international equity exposure. Changes in sector allocations based on the relative strength model drive the ETF's trajectory.

Competitive Edge

DHND differentiates itself through active management based on a systematic, relative strength sector rotation strategy. This aims to capitalize on sector momentum, potentially offering superior returns compared to passive, market-cap-weighted ETFs. The research from Ned Davis Research provides a layer of fundamental and technical analysis used to make the decision to allocate capital from sector to sector. Unlike passive indexes, the ETF can adjust its holdings based on current market conditions instead of being static. The ETF's strategy allows it to potentially outperform during periods where specific sectors show significant relative strength, which creates a unique value proposition for investors.

Volatility

Volatility will depend on the underlying volatility of the international equity markets and the sector allocation strategy. The fund might experience higher volatility during periods of rapid sector rotation.

Market Risk

The ETF is exposed to market risk associated with international equity investments, including currency risk, political risk, and economic downturns in specific countries.

Ideal Investor Profile

The ETF is suitable for investors seeking long-term capital appreciation with active management in international equities and who are comfortable with sector rotation strategies.

Market Risk

This ETF is suitable for long-term investors seeking to enhance international equity returns and willing to accept a higher expense ratio for active management.

The Day Hagan/Ned Davis Research Smart Sector International ETF offers a unique approach to international equity investing through active sector rotation. Its relative strength-based strategy aims to outperform traditional market-cap-weighted indexes. However, investors should be aware of the higher expense ratio and potential for increased volatility. The ETF is suitable for long-term investors seeking international equity exposure with active management. Further information is needed to thoroughly evaluate the historical performance, AUM and Expense Ratio.

Data Sources:

• ETF.com
• Morningstar
• Issuer Website

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Investors should conduct their own due diligence before making any investment decisions.