NDAA ETF — Ned Davis Research 360 Dynamic Allocation ETF

Ned Davis Research 360 Dynamic Allocation ETF (NDAA)

Updated October 16, 2026.

NDAA is an ETF. its trailing-12-month yield is 2.47%, its expense ratio is 0.65%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 23.4% over the past 2 years, 10.7 points behind SPY at 34.1%.

Ned Davis Research 360 Dynamic Allocation ETF is an actively managed fund that allocates across passively managed ETFs focusing on equities, bonds, commodities, and money markets, using the adviser's proprietary models to adjust its mix. The fund currently distributes annually, with a recent payout marked as special and not expected to recur regularly, and carries an expense ratio of 0.65%. It appeals to investors seeking dynamic, multi-asset exposure with active oversight of allocation decisions.

NDAA performance versus SPY

Price and return data through 2026-10-16.

Total return is 23.4% over the past 2 years, 10.7 points behind SPY at 34.1%. Over the past year its total return — price change plus distributions reinvested — is 12.6%. Its deepest 1-year drawdown was 7.6%.

NDAA key facts

Distribution Safety Score™

50 · Unproven

Issuer

Ned Davis Research

Asset type

ETF

Asset class

Equity

Inception date

10/16/2024

Expense ratio

0.65%

Distribution frequency

Annual

Trailing yield

2.47%

Last close

$23.83 (as of 2026-10-16)

AUM

$198,796,994

Average volume

1159.0

Dividend

$0.589

Ex-dividend date

12/23/2025

Payment date

12/24/2025

Beta

0.8461

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.47%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Ned Davis Research; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

NDAA risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.6%.

Who may consider NDAA — and who may not

It is a weaker fit for investors who need monthly cash flow (NDAA pays annual); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on NDAA

• All tickers starting with N

Frequently asked questions

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