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ETFs

RPAR Risk Parity ETF

RPAR
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 13, 2019
Expense Ratio
0.50%
Type
Global Diversified
Fund Owner
Evoke Advisors
Volume (1m avg. daily)
$2,172,604
AUM
$931,347,900
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
UNITED STATES TREAS BILLS 03/07/2024
13.36%
VTI
Vanguard Group, Inc. - Vanguard Total Stock Market ETF
12.35%
GLDM
World Gold Trust - SPDR Gold MiniShares Trust
10.30%
VWO
Vanguard Group, Inc. - Vanguard FTSE Emerging Markets ETF
7.60%
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
5.04%
n/a
UNITED STATES TREAS BDS TIPS 02/15/40 1.375% 02/15/2044
4.23%
n/a
TSY INFL IX N/B 0.625% 02/15/2043
3.83%
n/a
TSY INFL IX N/B 0 3/4 02/15/45 0.75% 02/15/2045
3.83%
n/a
UNITED STATES TREAS BDS TIPS .75% 02/15/42 0.75% 02/15/2042
3.71%
n/a
UNITED STATES TREAS BDS 1% 02/15/2046
3.59%
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, PYLD, DIAL

RPAR
Tidal ETF Trust - RPAR Risk Parity ETF
AOK
BlackRock Institutional Trust Company N.A. - iShares Core Conservative Allocation ETF
PYLD
Pimco Exchange Traded Fund - PIMCO Multisector Bond Active Exchange-Traded Fund
DIAL
Columbia ETF Trust I - Columbia Diversified Fixed Income Allocation ETF
LQD
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD Investment Grade Corporate Bond ETF
IBDY
iShares Trust - iShares iBonds Dec 2033 Term Corporate ETF
USIG
BlackRock Institutional Trust Company N.A. - iShares Broad USD Investment Grade Corporate Bond ETF
SUSC
iShares Trust - iShares Trust iShares ESG Aware USD Corporate Bond ETF
SPBO
SPDR Series Trust - SPDR Portfolio Corporate Bond ETF
VCEB
Vanguard Group, Inc. - Vanguard ESG U.S. Corporate Bond ETF
QLTA
BlackRock Institutional Trust Company N.A. - iShares Aaa - A Rated Corporate Bond 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

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with RPAR using Composer

News Related to RPAR

Ray Dalio's Way Loses Shine As Investors Yank Out Billions From Risk-Parity Funds After Disappointing Returns: But Is It A 'Classic Investment Error?'

Apr 23, 2024 • by Shanthi Rexaline
Ray Dalio's Way Loses Shine As Investors Yank Out Billions From Risk-Parity Funds After Disappointing Returns: But Is It A 'Classic Investment Error?'
Read

Volatility In 2022 Made Sure Even Risk-Parity Strategies Don't Work: This ETF Has Lost Over 28% This Year

Sep 29, 2022 • by Bhavik Nair
Volatility In 2022 Made Sure Even Risk-Parity Strategies Don't Work: This ETF Has Lost Over 28% This Year
Read

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 -0.031%. This is the percent change in the value of RPAR over the most recent 1-month period. The 3-month return on RPAR is -0.0709%. 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 0.1497%. 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 AOR, DRSK, and FPEI.

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

ETFs that are inversely correlated to RPAR include TBX, TTT, and TBF.

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.