---
ticker: "ARP"
name: "PMV Adaptive Risk Parity ETF"
url: "https://etf.net/etf/ARP"
grade: "D"
score: 34
graded_at: "2026-10-12"
category: "Capital-Efficient Allocation"
category_rank: "17 of 19"
methodology: "https://etf.net/methodology"
---

# ARP: PMV Adaptive Risk Parity ETF

Grade **D**, Score 34 of 100. Rank 17 of 19 in Capital-Efficient Allocation.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 0 | 19 of 19 |
| Mission | 31 | 8 of 8 |
| Risk | 75 | 2 of 18 |
| Tradability | 53 | 9 of 19 |
| Holdings | 41 | 10 of 13 |
| Durability | 50 | 11 of 19 |

## Top holdings

The fund holds 7 positions. These are the largest 7, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | HGER | Harbor Commodity All Weather | 35.90% |
| 2 | VOO | Vanguard S&P 500 Etf | 29.40% |
| 3 | USDU | Wisdomtree Bbg USD Bullish | 11.94% |
| 4 | VEA | Vanguard Ftse Developed Etf | 8.94% |
| 5 | QQQ | Invesco Qqq Trust Series 1 | 8.00% |
| 6 | SHV | Ishares 0-1 Year Treasury Bo | 5.78% |
| 7 | — | Cash | 0.04% |

Source: etf.net, https://etf.net/etf/ARP. Please cite the page URL.