DUDE Merlyn.AI SectorSurfer Momentum ETF

*Unless otherwise stated, data provided by FactSet.

DUDE Fund Description

DUDE is a fund-of-funds that is passively managed to track an index that shifts strategies during times of bull and bear markets. The fund uses an algorithmic indicator that utilizes momentum and other technical factors to assess market risk.

DUDE Factset Analytics Insight

DUDE tracks an index that shifts its investment strategies during times of market decline. The fund uses their algorithmic “Bull/Bear” indicator that utilizes price-trend, market momentum, value sentiment, and market volatility to assess market conditions. It maintains the “bull” condition during times of advancing markets, and the “bear” condition during decline. During bull markets, the index selects six thematic ETFs (four sectors and two geopolitical sectors) that approximate the 70/30 domestic/foreign equities ratio of an aggressive portfolio. In bear markets, the fund selects at least four momentum leaders from among a broad selection of bond, treasury, and gold safe-harbor ETFs. The fund does not use inverse and leveraged ETFs. The index is normally evaluated monthly, but the bull/bear indicator can be activated anytime when excess market volatility is experienced. Prior to June 1, 2022, the index name was MAI SectorSurfer Momentum Index.

PERFORMANCE [as of 09/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
DUDE -7.25% -7.70% -23.89% -19.59% -- -- --
DUDE (NAV) -6.92% -7.45% -23.53% -19.33% -- -- --
MAI SectorSurfer Momentum Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

DUDE Summary Data

Merlyn.AI
12/30/20
Open-Ended Fund
1.18%
$63.33M
0.24%

DUDE Portfolio Data

0.39%
N/A

DUDE Index Data

MAI SectorSurfer Momentum Index
Momentum
Momentum
N/A

DUDE Fund Structure

No
Yes
-- / --
N/A
N/A
Low
N/A
N/A

DUDE Tax Exposures

20.00% / 39.60%
--
No

DUDE Factset Analytics Block Liquidity

As of 09/30/22
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of DUDE. DUDE is rated a N/A out of 5.

DUDE Tradability

80,146
$1.79M
6,251
$145.31K
0.24%
$0.06
-0.04%
0.25% / -1.68%
None
--
10,000
0.63
0.09%
0.09%
0
$22.26
N/A