About this ETF
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.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -0.25% | +0.88% | +7.52% | +11.03% | +10.58% | — | — | — | +10.01% |
| Total return | -0.25% | +0.88% | +7.52% | +11.03% | +13.59% | — | — | — | +11.98% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.80% | Annual cost of a $10,000 investment | $80.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 01, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 28 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | State Street Technology Select Sector SPDR ETF | XLK | 12.19% | 120.45K | $23.6M |
| 2 | State Street SPDR Bloomberg 1-3 Month T-Bill ETF | BIL | 7.44% | 157.39K | $14.4M |
| 3 | iShares Core MSCI Emerging Markets ETF | IEMG | 7.40% | 176.26K | $14.3M |
| 4 | abrdn Bloomberg All Commodity Strategy K-1 Free… | BCI | 6.99% | 522.08K | $13.5M |
| 5 | State Street SPDR S&P 500 ETF Trust | SPY | 6.56% | 16.63K | $12.7M |
| 6 | iShares Currency Hedged MSCI Eurozone ETF | HEZU | 5.47% | 218.35K | $10.6M |
| 7 | State Street SPDR Portfolio S&P 400 Mid Cap ETF | SPMD | 5.14% | 157.60K | $9.9M |
| 8 | State Street SPDR Portfolio High Yield Bond ETF | SPHY | 4.95% | 426.52K | $9.6M |
| 9 | BondBloxx JP Morgan USD Emerging Markets 1-10… | XEMD | 4.93% | 223.00K | $9.5M |
| 10 | State Street Health Care Select Sector SPDR ETF | XLV | 4.91% | 56.41K | $9.5M |
| 11 | State Street Communication Services Select… | XLC | 4.48% | 78.05K | $8.7M |
| 12 | State Street Financial Select Sector SPDR ETF | XLF | 3.94% | 142.58K | $7.6M |
| 13 | Xtrackers MSCI Japan Hedged Equity ETF | DBJP | 3.76% | 62.29K | $7.3M |
| 14 | State Street SPDR Portfolio S&P 600 Small Cap… | SPSM | 3.71% | 135.60K | $7.2M |
| 15 | State Street Energy Select Sector SPDR ETF | XLE | 3.08% | 96.94K | $6.0M |
| 16 | Franklin FTSE Japan ETF | FLJP | 2.03% | 94.59K | $3.9M |
| 17 | ISHARES INC MSCI EMU INDEX | EZU | 1.95% | 56.11K | $3.8M |
| 18 | State Street Consumer Discretionary Select… | XLY | 1.76% | 31.28K | $3.4M |
| 19 | State Street Industrial Select Sector SPDR ETF | XLI | 1.73% | 20.05K | $3.3M |
| 20 | iShares MSCI United Kingdom ETF | EWU | 1.51% | 62.73K | $2.9M |
| 21 | ISHARES INC MSCI CDA INDEX | EWC | 1.26% | 41.67K | $2.4M |
| 22 | State Street Consumer Staples Select Sector… | XLP | 1.24% | 29.74K | $2.4M |
| 23 | ISHARES INC MSCI PAC J IDX | EPP | 1.17% | 41.25K | $2.3M |
| 24 | State Street Utilities Select Sector SPDR ETF | XLU | 1.01% | 49.36K | $1.9M |
| 25 | State Street Materials Select Sector SPDR ETF | XLB | 0.84% | 33.45K | $1.6M |
Click a ticker to see every ETF that owns it.
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 2.44% | Paid (last 12 months) | $0.5887 |
| Frequency | Annual | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Dec 23, 2025 | Last payment | $0.5887 (Dec 24, 2025) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Dec 23, 2025 | Dec 23, 2025 | Dec 24, 2025 | $0.5887 |
| Dec 26, 2024 | Dec 26, 2024 | Dec 30, 2024 | $0.1627 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 11.41% / — | Sharpe 1Y / 3Y | 1.15 / — |
| Max drawdown 1Y / 3Y | -7.62% / — | Sortino 1Y | 1.70 |
| Beta vs S&P 500 (3Y) | 0.643 | Correlation vs S&P 500 (1Y) | 0.935 |
| Downside deviation 1Y | 7.71% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 11, 2026. Formulas →
Liquidity
| Volume today | 2.68K | Average volume | 13.58K |
| AUM | $207.6M | Premium/Discount | +0.31% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $0.00 | 0.00% | $207.6M → $207.6M |
| 1 Month | $205.6M | +10229.06% | $2.0M → $207.6M |
| 1 Week | $15.4M | +8.03% | $191.4M → $207.6M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for NDAA
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.
NDAA