---
ticker: "NDAA"
name: "Ned Davis Research 360 Dynamic Allocation ETF"
url: "https://etf.net/etf/NDAA"
grade: "C"
score: 53
graded_at: "2026-10-12"
category: "Multi-Asset Allocation"
category_rank: "18 of 37"
methodology: "https://etf.net/methodology"
---

# NDAA: Ned Davis Research 360 Dynamic Allocation ETF

Grade **C**, Score 53 of 100. Rank 18 of 37 in Multi-Asset Allocation.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 29 | 26 of 37 |
| Mission | 82 | 9 of 29 |
| Risk | 56 | 15 of 35 |
| Tradability | 43 | 24 of 37 |
| Holdings | 70 | 11 of 33 |
| Durability | 54 | 21 of 37 |

## Top holdings

The fund holds 28 positions. These are the largest 28, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | XLK | State Street Technology Select Sector SPDR ETF | 12.19% |
| 2 | BIL | State Street SPDR Bloomberg 1-3 Month T-Bill ETF | 7.44% |
| 3 | IEMG | iShares Core MSCI Emerging Markets ETF | 7.40% |
| 4 | BCI | abrdn Bloomberg All Commodity Strategy K-1 Free ETF | 6.99% |
| 5 | SPY | State Street SPDR S&P 500 ETF Trust | 6.56% |
| 6 | HEZU | iShares Currency Hedged MSCI Eurozone ETF | 5.47% |
| 7 | SPMD | State Street SPDR Portfolio S&P 400 Mid Cap ETF | 5.14% |
| 8 | SPHY | State Street SPDR Portfolio High Yield Bond ETF | 4.95% |
| 9 | XEMD | BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 4.93% |
| 10 | XLV | State Street Health Care Select Sector SPDR ETF | 4.91% |
| 11 | XLC | State Street Communication Services Select Sector SPDR ETF | 4.48% |
| 12 | XLF | State Street Financial Select Sector SPDR ETF | 3.94% |
| 13 | DBJP | Xtrackers MSCI Japan Hedged Equity ETF | 3.76% |
| 14 | SPSM | State Street SPDR Portfolio S&P 600 Small Cap ETF | 3.71% |
| 15 | XLE | State Street Energy Select Sector SPDR ETF | 3.08% |
| 16 | FLJP | Franklin FTSE Japan ETF | 2.03% |
| 17 | EZU | Ishares Inc Msci Emu Index | 1.95% |
| 18 | XLY | State Street Consumer Discretionary Select Sector SPDR ETF | 1.76% |
| 19 | XLI | State Street Industrial Select Sector SPDR ETF | 1.73% |
| 20 | EWU | iShares MSCI United Kingdom ETF | 1.51% |
| 21 | EWC | Ishares Inc Msci Cda Index | 1.26% |
| 22 | XLP | State Street Consumer Staples Select Sector SPDR ETF | 1.24% |
| 23 | EPP | Ishares Inc Msci Pac J Idx | 1.17% |
| 24 | XLU | State Street Utilities Select Sector SPDR ETF | 1.01% |
| 25 | XLB | State Street Materials Select Sector SPDR ETF | 0.84% |
| 26 | — | First American Government Obligations Fund 12/01/2031 | 0.32% |
| 27 | XLRE | State Street Real Estate Select Sector SPDR ETF | 0.16% |
| 28 | — | Cash & Other | 0.06% |

Source: etf.net, https://etf.net/etf/NDAA. Please cite the page URL.