Gadsden Dynamic Multi-Asset ETF (GDMA)
Gadsden Dynamic Multi-Asset ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wayne, PA, US. The stock last traded at $42.77, up 0.09% on the session, giving a market capitalisation of $213.4M. Its beta of 0.51 implies it has historically moved less than the broad market.
GDMA holds around 80% of its assets in a core, strategic sleeve that seeks diversified exposure to a variety of geographies, sectors, and asset classes (including equity, currencies, fixed income, real estate, or commodities). The remaining 20% is invested in a tactical sleeve that seeks to take advantage of short-term opportunities and need not be diversified. The fund does not pick individual holdings each sleeve tracks one or more indexes, either directly or by holding other ETFs or derivatives. These underlying indexes may be factor-based. The fund can also hold inverse or leveraged ETFs. The 80/20 split between the two sleeves is not set in stone GDMAs manager can adjust it based on market conditions, though the strategic sleeve will generally be heavily weighted.
Gadsden Dynamic Multi-Asset ETF is most often compared with the following Financial Services names: