Ned Davis Research 360 Dynamic Allocation ETF
NDAA
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Oct 17, 2024
- Website
- sec.gov
- Similar Companies
- Business
- Ned Davis Research 360 Dynamic Allocation ETF (NDAA) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in passively managed underlying ETFs focused on equity securities, long- and short-term bonds, commodities, and money markets. Ned Davis Research, Inc. (NDR), founded in 1980 and headquartered in Sarasota, Florida, serves as the sub-adviser and applies its proprietary "360° Approach," integrating macroeconomic, fundamental, technical, and sentiment indicators to dynamically allocate across global asset classes including U.S. large caps, small caps, growth, value, emerging markets, international developed markets, long-term U.S. Treasury bonds, short-term U.S. Treasury securities, ultra-short-term U.S. Treasury securities, international bonds excluding the U.S., emerging market bonds, U.S. investment grade corporate bonds, U.S. high yield corporate bonds, short-term fixed income investments, and broad-based commodities such as energy, metals, agriculture, and livestock; the strategy targets 60% global equities and 40% global bonds but may deviate significantly, up to 100% in equities or bonds, with portfolio rebalancing reviewed at least monthly and holdings typically ranging from 5 to 20 underlying ETFs. The fund, launched on October 17, 2024, and listed on the Nasdaq Stock Market, is advised by Tidal Investments LLC, with NDR limiting allocations to affiliated ETFs to less than 10% to manage potential conflicts. Recent developments include a fee waiver by the adviser reducing the unitary management fee to 0.50% through at least January 31, 2026, resulting in a net expense ratio of 0.65%, and an October 2025 model update increasing allocations to non-U.S. markets, U.S. large caps, U.S. growth, and commodities while trimming non-U.S. developed markets.