Ned Davis Research 360 Dynamic Allocation ETF
Ned Davis Research 360 Dynamic Allocation ETF (NASDAQ: NDAA) is an exchange-traded fund listed on NASDAQ, trading at $23.89 (about ₹2,294 a unit) as of 30 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.8%. Indian residents can buy NDAA through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$23.89
Today's high
$24.03
52 week low
$21.20
52 week high
$24.65
NDAA opened at $24.02, closed previously at $23.95, and has traded between $21.20 and $24.65 over the past 52 weeks.
About
The Ned Davis Research 360 Dynamic Allocation ETF (NDAA) endeavors to optimize investment returns by proactively adapting its portfolio to prevailing market conditions. This is achieved through a distinctive, data-centric 360-degree framework that guides its broad asset allocation decisions across a curated selection of passively managed exchange-traded funds. The comprehensive strategy integrates insights from four pivotal analytical areas: macroeconomic trends, fundamental company health, technical market indicators, and investor sentiment. By synthesizing these diverse data points, the fund gains a holistic understanding of the market landscape, enabling it to dynamically reallocate capital among equities, fixed income instruments, commodities, and money market assets. The foundational data utilized in these analyses is procured from leading financial information providers such as Bloomberg, S&P, and MSCI. While the fund generally targets a 60% equity and 40% bond split, this allocation is subject to dynamic adjustments based on market realities, with the possibility of the portfolio concentrating entirely in either equities or bonds. Its holdings typically consist of 5 to 20 underlying ETFs, and it may also include cash or cash equivalents. A monthly reassessment of its positions means the fund can exhibit a substantial portfolio turnover rate.
Key statistics
Expense ratio
0.8%
Assets (AUM)
$191.4M
Holdings
—
NAV
$23.98
Avg. volume
—
1-year price change
+10.10%
5-year price change
—
Price change excludes dividends.
Top 10 holdings
These 10 are 65.9% of the fund.
Where the money is invested
Countries
How to buy NDAA from India
Indian residents can buy NDAA units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search NDAA and buy
Find the fund by its ticker, NDAA, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in NDAA from India
Trading and taxes when buying NDAA from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the NDAA price today?
Ned Davis Research 360 Dynamic Allocation ETF (NDAA) last traded at $23.89 on NASDAQ, as of 30 Sep 2026, 4:00 PM ET. That is ₹2,294 a unit at the 30 Sep 2026 USD/INR rate.
When does NDAA trade, in Indian time?
NASDAQ trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is NDAA, and what does it cost to hold?
Ned Davis Research 360 Dynamic Allocation ETF manages about $191.4M. Its expense ratio is 0.8% a year, deducted inside the fund. It launched in 2024.
What are NDAA's largest holdings?
The top three are State Street Technology Select Sector SPDR ETF (12.0%), State Street SPDR Bloomberg 1-3 Month T-Bill ETF (7.4%) and iShares Core MSCI Emerging Markets ETF (7.4%). NDAA's 10 largest positions make up 65.9% of the fund.
Does NDAA pay dividends?
Yes. NDAA is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on NDAA taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of NDAA?
Yes. You can buy NDAA by amount rather than by whole unit, and there is no minimum trade size.
How has NDAA performed?
NDAA's price is up 10.1% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.