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Ned Davis Research 360 Dynamic Allocation ETF (NDA...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Ned Davis Research 360 Dynamic Allocation ETF (NDAA)

ETF · Currency in USD · Last updated Apr 15, 2026

The Ned Davis Research 360 Dynamic Allocation ETF (NDAA) is an actively managed fund-of-funds that invests primarily in passively managed ETFs, holding approximately 5 to 20 underlying ETFs plus cash or cash equivalents. The fund's sub-adviser, Ned Davis Research, constructs the portfolio using its 360° Approach, integrating global equity, bond, commodity, and money market data. The strategy targets a 60% global equity / 40% global bond allocation but may deviate significantly based on NDR's model views, with the ability to allocate up to 100% to either equities or bonds.

ETF Info

Issuer
Ned Davis Research
Inception Date
Oct 16, 2024
Category
Diversified Portfolio
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Multi-Asset

Share Price Chart

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Ned Davis Research 360 Dynamic Allocation ETF

Performance

NDAA Performance Chart

Ned Davis Research 360 Dynamic Allocation ETF (NDAA) is up 5.5% since the beginning of the year. NDAA is currently trading at $23 per share.

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S&P 500 Index

Returns By Period

Ned Davis Research 360 Dynamic Allocation ETF (NDAA) has returned 5.46% so far this year and 27.81% over the past 12 months.

Ned Davis Research 360 Dynamic Allocation ETF

1D
0.34%
1M
3.87%
YTD
5.46%
6M
8.28%
1Y
27.81%
3Y*
—
5Y*
—
10Y*
—

Benchmark (S&P 500 Index)

1D
0.80%
1M
4.83%
YTD
2.59%
6M
5.27%
1Y
30.14%
3Y*
19.29%
5Y*
10.91%
10Y*
12.94%
*Multi-year figures are annualized to reflect compound growth (CAGR)

NDAA Monthly Returns History

Based on dividend-adjusted daily data since Oct 17, 2024, NDAA's average daily return is +0.05%, while the average monthly return is +0.95%. At this rate, an investment would double in approximately 6.1 years.

Historically, 63% of months were positive and 37% were negative. The best month was Apr 2026 with a return of +5.6%, while the worst month was Mar 2026 at -4.9%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.

On a daily basis, NDAA closed higher 56% of trading days. The best single day was Apr 9, 2025 with a return of +4.3%, while the worst single day was Apr 4, 2025 at -5.2%.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.41%1.56%-4.90%5.59%5.46%
20251.89%-0.44%-2.18%-2.66%3.34%3.94%0.61%2.54%3.47%2.42%-0.19%0.70%14.00%
2024-1.81%3.35%-2.68%-1.24%

Benchmark Metrics

Ned Davis Research 360 Dynamic Allocation ETF has an annualized alpha of 3.44%, beta of 0.64, and R² of 0.84 versus S&P 500 Index. Calculated based on daily prices since October 18, 2024.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (75.89%) than losses (69.22%) — typical of diversified or defensive assets.
  • This ETF generated an annualized alpha of 3.44% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
  • Beta of 0.64 indicates this ETF moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.
Alpha
3.44%
Beta
0.64
R²
0.84
Upside Capture
75.89%
Downside Capture
69.22%

Expense Ratio

NDAA has an expense ratio of 0.65%, placing it in the medium range.

Return for Risk

Risk / Return Rank

NDAA ranks 73 for risk / return — better than 73% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

NDAA Risk / Return Rank: 7373
Overall Rank
NDAA Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
NDAA Sortino Ratio Rank: 7676
Sortino Ratio Rank
NDAA Omega Ratio Rank: 7777
Omega Ratio Rank
NDAA Calmar Ratio Rank: 6363
Calmar Ratio Rank
NDAA Martin Ratio Rank: 7474
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Ned Davis Research 360 Dynamic Allocation ETF (NDAA) and compare them to a chosen benchmark (S&P 500 Index).

NDAABenchmarkDifference

Sharpe ratio

Return per unit of total volatility

2.67

2.30

+0.38

Sortino ratio

Return per unit of downside risk

3.66

3.18

+0.48

Omega ratio

Gain probability vs. loss probability

1.50

1.43

+0.07

Calmar ratio

Return relative to maximum drawdown

3.79

3.40

+0.39

Martin ratio

Return relative to average drawdown

16.40

15.35

+1.05

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Explore NDAA risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

NDAA Sortino RatioNDAA Sharpe Ratio

Dividends

Dividend History

Ned Davis Research 360 Dynamic Allocation ETF provided a 2.57% dividend yield over the last twelve months, with an annual payout of $0.59 per share.

1.00%1.50%2.00%2.50%$0.00$0.10$0.20$0.30$0.40$0.50$0.6020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$0.59$0.59$0.16

Dividend yield

2.57%2.71%0.83%

Monthly Dividends

The table displays the monthly dividend distributions for Ned Davis Research 360 Dynamic Allocation ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.59$0.59
2024$0.16$0.16

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

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Worst Drawdowns

The table below displays the maximum drawdowns of the Ned Davis Research 360 Dynamic Allocation ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Ned Davis Research 360 Dynamic Allocation ETF was 13.50%, occurring on Apr 8, 2025. Recovery took 59 trading sessions.

The current Ned Davis Research 360 Dynamic Allocation ETF drawdown is 0.16%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-13.5%Feb 20, 202534Apr 8, 202559Jul 3, 202593
-7.62%Feb 26, 202623Mar 30, 2026———
-4.15%Oct 29, 202517Nov 20, 202522Dec 23, 202539
-3.74%Dec 12, 202419Jan 10, 202525Feb 18, 202544
-2.89%Oct 7, 20254Oct 10, 20256Oct 20, 202510

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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