PMM vs. FCIV ETF Comparison
Comparison of Purpose Multi-Strategy Market Neutral Fund (PMM) to Fidelity International Value Index ETF (FCIV)
PMM
Purpose Multi-Strategy Market Neutral Fund
PMM Description
The Purpose Multi-Strategy Market Neutral Fund seeks to provide unitholders with positive absolute returns that are not correlated to the broader securities markets. The Fund will utilize a multi-strategy approach by allocating its assets across various asset classes including equities, currencies and commodities.
Grade (RS Rating)
Last Trade
$22.01
Average Daily Volume
702
Number of Holdings
*
2
* may have additional holdings in another (foreign) market
FCIV
Fidelity International Value Index ETF
FCIV Description
Fidelity International Value Index ETF seeks to replicate, to theextent reasonably possible and before fees and expenses, theperformance of the Fidelity Canada International Value Index. ThisFidelity ETF invests primarily in equity securities of large andmid-capitalization foreign companies that have their principalbusiness activities or interests outside of Canada or the U.S. that have attractive valuations.Grade (RS Rating)
Last Trade
$34.42
Average Daily Volume
6,582
Number of Holdings
*
1
* may have additional holdings in another (foreign) market
Performance
Period | PMM | FCIV |
---|---|---|
30 Days | -1.74% | -1.01% |
60 Days | 0.69% | 2.14% |
90 Days | 4.46% | 5.07% |
12 Months | 11.73% | 13.71% |
0 Overlapping Holdings
Symbol | Grade | Weight in PMM | Weight in FCIV | Overlap |
---|
PMM Underweight 1 Positions Relative to FCIV
Symbol | Grade | Weight | |
---|---|---|---|
SWP | A | -2.0% |
PMM: Top Represented Industries & Keywords
FCIV: Top Represented Industries & Keywords