PMM vs. PDIV ETF Comparison
Comparison of Purpose Multi-Strategy Market Neutral Fund (PMM) to Premier Dev & Invst In C A (PDIV)
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
$21.98
Average Daily Volume
657
Number of Holdings
*
2
* may have additional holdings in another (foreign) market
PDIV
Premier Dev & Invst In C A
PDIV Description
The fund seeks to provide shareholders with (i) consistent long-term capital appreciation with an attractive risk-adjusted rate of return investing in a portfolio of North American equities; and (ii) provide less volatility and low correlation to North American equity markets by hedging the fund’s exposure to overall market risk.Grade (RS Rating)
Last Trade
$9.27
Average Daily Volume
5,801
Number of Holdings
*
6
* may have additional holdings in another (foreign) market
Performance
| Period | PMM | PDIV |
|---|---|---|
| 30 Days | -0.59% | -1.49% |
| 60 Days | 1.01% | -1.59% |
| 90 Days | 3.58% | -1.59% |
| 12 Months | 11.46% | -5.88% |
1 Overlapping Holdings
| Symbol | Grade | Weight in PMM | Weight in PDIV | Overlap | |
|---|---|---|---|---|---|
| MNY | D | 24.79% | 18.32% | 18.32% |
PMM Overweight 1 Positions Relative to PDIV
| Symbol | Grade | Weight | |
|---|---|---|---|
| PHW | B | 10.6% |
PMM: Top Represented Industries & Keywords
PDIV: Top Represented Industries & Keywords
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