Ned Davis Research 360 Dynamic Allocation ETF

Frequently Asked Questions About NDAA

What does NDAA invest in?

The Ned Davis Research 360 Dynamic Allocation ETF (NDAA) endeavors to optimize investment returns by proactively adapting its portfolio to prevailing market conditions. This is achieved through a distinctive, data-centric 360-degree framework that guides its broad asset allocation decisions across a curated selection of passively managed exchange-traded funds. The comprehensive strategy integrates insights from four pivotal analytical areas: macroeconomic trends, fundamental company health, technical market indicators, and investor sentiment. By synthesizing these diverse data points, the fund gains a holistic understanding of the market landscape, enabling it to dynamically reallocate capital among equities, fixed income instruments, commodities, and money market assets. The foundational data utilized in these analyses is procured from leading financial information providers such as Bloomberg, S&P, and MSCI. While the fund generally targets a 60% equity and 40% bond split, this allocation is subject to dynamic adjustments based on market realities, with the possibility of the portfolio concentrating entirely in either equities or bonds. Its holdings typically consist of 5 to 20 underlying ETFs, and it may also include cash or cash equivalents. A monthly reassessment of its positions means the fund can exhibit a substantial portfolio turnover rate.

What is the expense ratio of NDAA?

Ned Davis Research 360 Dynamic Allocation ETF (NDAA) charges an expense ratio of 0.80%. This is the annual fee deducted from fund assets to cover management and operations.

What is NDAA's dividend yield?

NDAA's trailing-twelve-month yield is 2.47%, calculated from the sum of dividends over the past year divided by the current price.

How big is NDAA?

Ned Davis Research 360 Dynamic Allocation ETF (NDAA) manages $195.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is NDAA actively managed or an index fund?

NDAA is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (NDAA's is 0.80%) because there's no security selection cost.

When was NDAA launched?

Ned Davis Research 360 Dynamic Allocation ETF (NDAA) launched in October 2024 and is managed by Ned Davis Research.