RPAR Risk Parity ETF
Top 10 Holdings
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
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.
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.