# Ned Davis Research 360 Dynamic Allocation ETF (NDAA): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ndaa for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Ned Davis Research · Asset class: Asset allocation - Strategy: Passive Index · Inception: 2024-10-17 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 f... ## Key Facts | Metric | Value | |---|---| | Price | $23.83 | | Expense Ratio | 0.80% | | Assets Under Management | $195.8M | | NAV | $23.75 | | Holdings Count | 0 | | Distribution Yield (TTM) | 2.47% | | Annual Distribution (TTM) | $0.59 /share | | Distribution Frequency | Annual | | 52-Week Range | $21.20 – $24.65 | | Beta | 0.73 | ## Latest Distribution - Amount: $0.5887 /share - Ex-date: 2025-12-23 - Pay date: 2025-12-24 ## Frequently Asked Questions ### 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. ### Does NDAA pay a dividend? Yes, Ned Davis Research 360 Dynamic Allocation ETF (NDAA) distributes dividends to shareholders. The trailing-twelve-month yield is 2.47%. Full dividend history is on this page. ### How often does NDAA pay dividends? Ned Davis Research 360 Dynamic Allocation ETF pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is NDAA's next ex-dividend date? The most recently announced ex-dividend date for NDAA was 2025-12-23. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will NDAA's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.80% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does NDAA charge its expense ratio? The expense ratio is deducted in tiny daily slices from NDAA's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does NDAA cost more than a fund like VOO? NDAA is a passive index fund (current expense ratio 0.80%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to NDAA? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as NDAA (0.80%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/ndaa - Distribution history: https://www.dividenddata.com/funds/ndaa/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ndaa/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ndaa/expenses - Peer comparison: https://www.dividenddata.com/funds/ndaa/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.