ETF Evaluator:
Ned Davis Research 360 Dyn Allc ETF ()
Follow This ETF
(as of Nov 12)
Best Performing in Tactical Allocation Over the Last Year
| 21.1% | First Trust Dorsey Wright Dynamic Foc 5 (FVC) |
| 21.0% | Coastal Compass 100 ETF (ROPE) |
| 20.1% | Relative Sentiment Tactical Allc ETF (MOOD) |
| 17.9% | Cambria Global Momentum ETF (GMOM) |
| 17.4% | WBI BullBear Value 3000 ETF (WBIF) |
Risk
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Risk
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ETF Details
Ned Davis Research 360 Dyn Allc ETF Overview
Ned Davis Research 360 Dyn Allc ETF (NDAA) is an actively managed Allocation Tactical Allocation exchange-traded fund (ETF). Ned Davis Research launched the ETF in 2024.
The investment seeks long-term capital appreciation.
The fund is an actively managed exchange-traded fund (“ETF”) that primarily invests in passively managed ETFs, including affiliated ETFs that use the sub-adviser’s models or indices. The underlying ETFs principally invest in equity securities,bonds (both long- and short-term),commodities and money markets.
About Ned Davis Research 360 Dyn Allc ETF (NDAA)
There are 5 members of the management team with an average tenure of 1.71 years: Brian Sanborn (2024), Qiao Duan (2024), Amy Lubas (2024), Lisa Michalski (2024) and Stephen Foy (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
Ned Davis Research 360 Dyn Allc ETF has 28 securities in its portfolio. The top 10 holdings constitute 67.3% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Ned Davis Research 360 Dyn Allc ETF is part of the Allocation global asset class and is within the Allocation ETF group. Ned Davis Research 360 Dyn Allc ETF has 26.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 51.2% There is 21.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 9.9% (4.3% domestic bond, 5.6% foreign bond and 0.0% convertible bond). Ned Davis Research 360 Dyn Allc ETF has 16.6% of the portfolio in cash.
Assets Under Management
The fund has $195 million in total assets, which is above the $171 million average for the Tactical Allocation category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
NDAA Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Ned Davis Research 360 Dyn Allc ETF expense ratio is above average compared to funds in the Tactical Allocation category. Ned Davis Research 360 Dyn Allc ETF has an expense ratio of 0.65%, which is 31% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Ned Davis Research 360 Dyn Allc ETF has a portfolio turnover rate of 238%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 290% for the Tactical Allocation category.
Recently, in the month of October 2026, Ned Davis Research 360 Dyn Allc ETF returned -0.8%, which earned it a grade of C, as the Tactical Allocation category had an average return of -0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Ned Davis Research 360 Dyn Allc ETF has a trailing yield of 2.49%, which is above the 2.32% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Ned Davis Research 360 Dyn Allc ETF Grades
Year to date, the ETF has returned 9.0%, 1.3 percentage points better than the category, which translates into a grade of B. The fund has returned 9.6% over the past year (grade of B).
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NDAA Trailing NAV Total Returns Data as of 10/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| NDAA Return (NAV) | -0.8% | -0.4% | 9.6% | na | na | na |
| NDAA Return (Price) | -0.8% | -0.1% | 9.4% | na | na | na |
| NAV +/- Price Return | 0.073% | -0.275% | 0.107% | na | na | na |
| Tactical Allocation Avg | -0.8% | 0.6% | 8.6% | 14.1% | 4.9% | 7.9% |
| NDAA Grade (NAV) | C | D | B | na | na | na |
| +/- Category (NAV) | 0.0% | -1.0% | 1.0% | na | na | na |
| NDAA Tax-Cost Ratio | na | na | 0.9% | na | na | na |
NDAA Annual NAV Total ReturnsData as of 10/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| NDAA Return (NAV) | 9.0% | 14.0% | na | na | na | na | na | na | na | na | na |
| NDAA Return (Price) | 8.9% | 13.5% | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.005% | -0.035% | na | na | na | na | na | na | na | na | na |
| Tactical Allocation Avg | 7.7% | 12.9% | 11.9% | 10.7% | -13.5% | 17.1% | 6.8% | 14.0% | -6.3% | 19.2% | 7.1% |
| NDAA Grade (NAV) | B | B | na | na | na | na | na | na | na | na | na |
| +/- Category | 1.3% | 1.1% | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 2.5% |
| Total Assets: | $ 195 Mil |
| Share Class Assets: | $ 195 Mil |
| Turnover: | 238.0% |
| Expense Ratio: | 0.65% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 2.0 years | |||
| Average Tenure: 1.7 years | |||
| Managers (Year): Sanborn Brian (2024), Duan Qiao (2024), Lubas Amy (2024), Michalski Lisa (2024), Foy Stephen (2026) | |||
Portfolio Composition (as of 10/30/26)
| # of Holdings: | 28 |
| % in Top 10 Holdings: | 67.3% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 26.6% |
Portfolio Allocation |
|
| Domestic Stock: | 51.2% |
| Foreign Stock: | 21.1% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 4.3% |
| Foreign Bond: | 5.6% |
| Convertible Bond: | 0.0% |
| Other: | 1.3% |
| Cash: | 16.6% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Ned Davis Research |
| Phone Number: | 855-843-2534 |
| Website: | |
| Inception Date: | October 16, 2024 |
Expenses and Fees
| Expense Ratio (%): | 0.65% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.94% |
