Dana Limited Volatility ETF(DANA · ETF)

ETF quote, holdings, sector allocation, technicals, and options analytics.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

DANA — —
Snapshot
Info

Dana Limited Volatility ETF (DANA) ETF

Exchange
ARCX
Inception
2025-12-02
Has Options
No
ETF Profile
holdings as of 2026-08-31
Holdings
61
AUM
$7.5M
Provider
Nport
Inception
2025-12-02
Exchange
ARCX
Data As Of
2026-08-31
Expense Ratio
—
Dividend Yield
2.32%
Distribution
Monthly
Recent distributions
Ex-Date Pay Date Amount Type
2026-08-27 2026-08-28 $0.0576 CD
2026-07-28 2026-07-29 $0.0652 CD
2026-06-29 2026-06-30 $0.0900 CD
2026-05-28 2026-05-29 $0.0579 CD
2026-04-29 2026-04-30 $0.0653 CD
2026-03-30 2026-03-31 $0.0648 CD
Asset Allocation
Top Holdings
top 50 of 61 holdings
Symbol Name Weight % Asset Class Country
— First American Government Obli 25.91% Short-term investment US
— Fannie Mae 4.03% Mortgage-backed US
— Freddie Mac 4.01% Mortgage-backed US
— FHN FINANCIAL CAPITAL MARKETS 3.94% Mortgage-backed US
— Freddie Mac 3.53% Mortgage-backed US
— StoneX 2.75% Mortgage-backed US
— Freddie Mac 2.73% Mortgage-backed US
— US TREASURY N/B 2.67% Debt US
— FANNIE MAE 2.64% Debt US
— Freddie Mac 2.63% Mortgage-backed US
— TREASURY BILL 2.60% Debt US
— Government National Mortgage A 2.56% Mortgage-backed US
— TREASURY BILL 2.56% Debt US
— Government National Mortgage A 2.48% Mortgage-backed US
— Freddie Mac 2.03% Mortgage-backed US
— FANNIE MAE 1.65% Debt US
— Fannie Mae 1.65% Mortgage-backed US
— Freddie Mac 1.65% Mortgage-backed US
— Fannie Mae 1.48% Mortgage-backed US
— Fannie Mae 1.42% Mortgage-backed US
— Freddie Mac 1.38% Mortgage-backed US
— Freddie Mac 1.32% Mortgage-backed US
— FEDERAL FARM CREDIT BANK 1.32% Debt US
— FEDERAL FARM CREDIT BANK 1.32% Debt US
— FEDERAL FARM CREDIT BANK 1.32% Debt US
— KGS-ALPHA CAPITAL MARKETS, L.P 1.31% Mortgage-backed US
— FHN FINANCIAL CAPITAL MARKETS 1.28% Mortgage-backed US
— Fannie Mae 1.28% Mortgage-backed US
— Fannie Mae 1.22% Mortgage-backed US
— Fannie Mae 1.15% Mortgage-backed US
— Government National Mortgage A 1.10% Mortgage-backed US
— FEDERAL HOME LOAN BANK 0.99% Debt US
— Freddie Mac 0.94% Mortgage-backed US
— Freddie Mac 0.75% Mortgage-backed US
— Fannie Mae 0.68% Mortgage-backed US
— Fannie Mae 0.63% Mortgage-backed US
— RAYMOND JAMES BANK, N.A. 0.59% Mortgage-backed US
— Government National Mortgage A 0.51% Mortgage-backed US
— Freddie Mac 0.50% Mortgage-backed US
— FEDERAL HOME LOAN BANK 0.46% Debt US
— Freddiemac Strip 0.45% Mortgage-backed US
— Freddie Mac 0.40% Mortgage-backed US
— Freddie Mac 0.32% Mortgage-backed US
— Freddie Mac 0.32% Mortgage-backed US
— RAYMOND JAMES BANK, N.A. 0.32% Mortgage-backed US
— Freddie Mac 0.27% Mortgage-backed US
— FEDERAL FARM CREDIT BANK 0.26% Debt US
— FTN FINANCIAL CAPITAL MARKETS 0.25% Mortgage-backed US
— Freddie Mac 0.24% Mortgage-backed US
— Freddie Mac 0.22% Mortgage-backed US
Non-Equity Breakdown
Dana Limited Volatility ETF · NPORT-P period 2026-08-31 (filed 2026-04-27)
Net assets: $8M · 61 total positions · equity 0.00% · non-equity 99.57%
Non-equity holdings — 61 positions, 99.57% of NAV
Category Weight Value Positions
Mortgage-backed (US Govt-Sponsored Entity) 38.40% $2.9M 36
Short-term investment 25.91% $2.0M 1
Mortgage-backed (US Govt Agency) 17.26% $1.3M 12
US Govt-Sponsored Entity 10.18% $770655 9
US Treasury 7.83% $593283 3
Chart
Seasonality
MonthAvg ReturnYears of Data
Jan +0.89% 1
Feb +0.50% 1
Mar -0.40% 1
Apr -0.23% 1
May +0.24% 1
Jun -0.50% 1
Jul -0.14% 1
Aug -0.20% 1
Sep -0.06% 1
Oct — 0
Nov — 0
Dec +0.48% 1
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $24.99
SMA 50: $25.03
SMA 200: $25.18
Current: $25.02
EMA 12: $24.99
EMA 26: $25.00
MACD: -0.0139 | Signal: 0.0021
BEARISH
ADX (14): 10.79
RANGE
+DI: 40.71
−DI: 25.00

Momentum Oscillators

RSI (14): 52.33
NEUTRAL
Stoch %K: 28.09
Stoch %D: 35.59
Williams %R: -41.72

Volume & Volatility

BB Upper: $25.04
BB Lower: $24.93
NEUTRAL
OBV: 132,069
Vol SMA 20: 1,682
Vol ROC: 23081.25%
ATR: $0.06
True Range: $0.16
HV 20: 2.6%
HV 30: 2.5%
HV 60: 2.5%

Data Summary

Data Points: 203
Last Updated:
Date Range: 2025-12-03T00:00:00 – 2026-09-25T00:00:00
AI Analysis

LLM Stock Analysis Report

Executive Summary

Overall Assessment: NEUTRAL (confidence level: 6/10)

Key Drivers and Primary Risks:

  • The stock is trading in a narrow range, with no clear direction.
  • Low volatility indicates a low-risk environment, but also suggests limited potential for significant price movements.
  • Recent news headlines are not available, which may impact the analysis.

Investment Thesis: DANA's technical indicators suggest a consolidation phase, making it challenging to pinpoint a clear investment thesis. However, the stock's low volatility and neutral RSI reading suggest that the risk is relatively contained. A long-term perspective might be more suitable for this stock.

Recent News Sentiment Impact: No recent news headlines available; unable to assess sentiment impact on price action.

Technical Analysis

Trend Direction:

  • Short-term (1-4 weeks): NEUTRAL
  • Medium-term (1-3 months): RANGING
  • Long-term (3-12 months): UPTREND

Support/Resistance Levels: Key levels:

  • SMA 20: $25.04
  • SMA 50: $25.05
  • Upper Bollinger Band: $25.14
  • Middle Bollinger Band: $25.04
  • Lower Bollinger Band: $24.94

Momentum Signals:

  • RSI (14): 47.15 (neutral)
  • MACD: -0.02 / Signal: -0.00 / Histogram: -0.02 (bearish)

News & Sentiment Analysis

Recent Headlines Summary: No recent news headlines available.

Sentiment Assessment: NEUTRAL (no recent news data).

Catalyst Identification: No upcoming events or earnings releases announced.

Market Narrative: The lack of recent news headlines and neutral RSI reading suggest a consolidating market, which may not be conducive to significant price movements.

Risk & Volatility Assessment

Beta Interpretation: Beta: 0.02 (vs SPY) - low risk relative to the market.

Volatility Regime: Current volatility is lower than historical levels (HV20: 2.4%, HV30: 2.8%, HV60: 2.5%).

Options Market Signals: No options data available for analysis.

Market Context & Positioning

Sector Performance: DANA's sector performance is not significantly outperforming or underperforming the broader market.

Institutional Activity: Institutional interest signals are not evident from the current volume and OBV indicators.

Correlation Analysis: The stock moves relatively independently of the broader market (R-squared: 0.07).

Key Levels & Action Items

Critical Price Levels: SMA 20: $25.04, SMA 50: $25.05, Upper Bollinger Band: $25.14.

Breakout/Breakdown Levels: No clear levels for significant price movements.

Time-Sensitive Catalysts: No upcoming events or earnings releases announced.

Risk Management: Consider a stop-loss level near the lower Bollinger Band ($24.94) and position sizing considerations to manage risk.


Please note that this analysis is based on the provided data, and actual market conditions may differ.

Generated
News
Options Activity
Loading options activity...
Spread Scanner GPU

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Beta (1Y vs SPY)
0.02
Correlation (SPY)
10.2%
R²
0.01
Ann. Volatility
2.9%
SPY Volatility
12.9%

Low volatility - stock moves less than market

Beta & Alpha Over Time
Constituent Performance

Click any bar to view the full quote for that stock.

Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month