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ETFs

RPAR Risk Parity ETF

RPAR
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 13 2019
Expense Ratio
0.51%
Type
Global Diversified
Fund Owner
Evoke Advisors
Volume (1m avg. daily)
$1,467,272
AUM
$1,108,522,065
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

VTI
Vanguard Group, Inc. - Vanguard Total Stock Market ETF
11.92%
n/a
UNITED STATES TREAS BILLS 06/08/2023
11.73%
GLDM
World Gold Trust - SPDR Gold MiniShares Trust
10.67%
VWO
Vanguard Group, Inc. - Vanguard FTSE Emerging Markets ETF
7.38%
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
4.82%
n/a
Cash & Other
4.42%
n/a
UNITED STATES TREAS BDS TIPS 02/15/40 1.375% 02/15/2044
4.19%
n/a
TSY INFL IX N/B 0 3/4 02/15/45 0.75% 02/15/2045
3.99%
n/a
TSY INFL IX N/B 0.625% 02/15/2043
3.85%
T4UB
United States Of America - 2.125% BD REDEEM 15/02/2041 USD 100
3.82%
Invest with RPAR

What is RPAR?

The RPAR Risk Parity ETF seeks to generate positive returns during periods of economic growth, preserve capital during periods of economic contraction, and preserve real rates of return during periods of heightened inflation. RPAR is managed to track the Advanced Research Risk Parity Index, which is allocated across four major asset classes: global equities, Treasuries, commodities and Treasury Inflation-Protected Securities (TIPS). These broad market segments were selected because each has historically outperformed during different economic environments. The asset class weighting is designed such that each major segment is expected to deliver comparable risk and return contribution to the total portfolio, resulting in a well-balanced mix of public markets.

ETFs related toRPAR

ETFs correlated to RPAR include AOK, DIAL, SWAN

RPAR
Tidal ETF Trust - RPAR Risk Parity ETF
AOK
BlackRock Institutional Trust Company N.A. - iShares Core Conservative Allocation ETF
DIAL
Columbia ETF Trust I - Columbia Diversified Fixed Income Allocation ETF
SWAN
Amplify ETF Trust - Amplify BlackSwan Growth & Treasury Core ETF
AOM
BlackRock Institutional Trust Company N.A. - iShares Core Moderate Allocation ETF
SCHP
Schwab Strategic Trust - Schwab U.S. Tips ETF
TIP
BlackRock Institutional Trust Company N.A. - iShares TIPS Bond ETF
CGCP
Capital Group Companies Inc - Capital Group Core Plus Income ETF
TACK
Capitol Series Trust - Fairlead Tactical Sector ETF
LQD
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD Investment Grade Corporate Bond ETF
IGEB
BlackRock Institutional Trust Company N.A. - iShares Investment Grade Bond Factor ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toRPAR

#HFEAR

Hedgefundie's Excellent Adventure Refined

Category

Balance Risk Not Assets, Lever Up, Composer's Picks

Risk Rating

Aggressive

#GLOMO

On Top of the World: Global Momentum

Category

Momentum, Lever Up, Go Global

Risk Rating

Moderate

Create your own algorithmic trading strategy with RPAR using Composer

FAQ

RPAR is a Global Diversified ETF. The RPAR Risk Parity ETF seeks to generate positive returns during periods of economic growth, preserve capital during periods of economic contraction, and preserve real rates of return during periods of heightened inflation. RPAR is managed to track the Advanced Research Risk Parity Index, which is allocated across four major asset classes: global equities, Treasuries, commodities and Treasury Inflation-Protected Securities (TIPS). These broad market segments were selected because each has historically outperformed during different economic environments. The asset class weighting is designed such that each major segment is expected to deliver comparable risk and return contribution to the total portfolio, resulting in a well-balanced mix of public markets.

Yes, RPAR is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, RPAR is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on RPAR is 0.0165%. This is the percent change in the value of RPAR over the most recent 1-month period. The 3-month return on RPAR is 0.014%. This is the percent change in the value of RPAR over the most recent 3-month period.

The standard deviation of RPAR for the past year is 0.1702%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to RPAR include PGF, AMJ, and AOR.

ETFs correlated to RPAR include AOK, DIAL, and SWAN.

ETFs that are inversely correlated to RPAR include SJB, TBX, and PST.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.