RPAR Risk Parity ETF
$21.45+0.18 (+0.85%)
- 0.52%
- $548M
- +2.6%
- 2.39%
- 0M sh
- $21.23
- low $20.99high $23.69
The ETF.net RPAR Grade
C
Score 53 out of 100
- 8 of 19
Score 53 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B56 out of 100Rank 9 of 19Mission
Whether the fund did what it promised, tested against its stated mandate.A78 out of 100Rank 4 of 8Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B55 out of 100Rank 7 of 18Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D28 out of 100Rank 16 of 19Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B68 out of 100Rank 4 of 13Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A77 out of 100Rank 4 of 19
Our read on RPAR
CMost allocation funds split dollars between stocks and bonds. RPAR splits risk: an equal share to global stocks, long-dated TIPS, Treasuries and commodities including gold. It arrived in 2019 as the first US ETF built around risk parity.
The Fund seeks positive returns during economic growth, capital preservation during contraction, and preservation of real returns during heightened inflation.
Why people hold it
- Balances by risk, not dollars. The index targets a 25% risk share for each of four asset classes, so low-volatility long-term TIPS carry a bigger dollar weight than stocks.sec.gov
- The stated objective covers three economic weather patterns: gains in growth, capital preservation in contraction, and real returns intact when inflation runs hot.sec.gov
- A 0.52% expense ratio, below the median for multi-asset allocation funds, and it stands in the upper half of that large, crowded cohort.
- Rules over hunches. The adviser trades to reflect the index's quarterly rebalance rather than picking what looks attractive that week.sec.gov
Worth knowing
- The Treasury sleeve runs through futures collateralized by T-bills, so notional Treasury exposure exceeds the cash weight. That built-in leverage magnifies moves both ways.sec.gov
- The TIPS target is 15+ year maturities, the most rate-sensitive corner of the inflation-linked market.sec.gov
- Thinly traded next to the category's giants, so spreads and order type matter more here than with a mega-fund.
RPAR Holdings
- Bonds
- 150
- 69%
- TYZ6 Comdty
Sectors
- Technology19.9%
- Materials18.3%
- Energy16.7%
- Industrials12.7%
- Financials10.6%
- Consumer Discretionary5.6%
- Health Care4.9%
- Communication4.4%
- Consumer Staples3.5%
- Utilities2.0%
- Real Estate1.4%
Geography
- United States82.38%
- United Kingdom4.14%
- Canada2.88%
- Australia2.64%
- Russian Federation0.94%
- China0.92%
- Switzerland0.86%
- France0.86%
- 4.37%
RPAR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
RPAR$10,257
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | RPAR |
|---|---|
| Year to date | +1.0% |
| 1 month | −3.4% |
| 3 months | −3.0% |
| 1 year | +2.6% |
| 3 years | +10.2% |
| 5 years | +0.2% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | RPAR |
|---|---|---|
| 2026 YTD | +1.0% | |
| 2025 | +17.9% | |
| 2024 | +0.1% | |
| 2023 | +6.0% | |
| 2022 | −22.8% | |
| 2021 | +7.6% | |
| 2020 | +19.4% |
RPAR in the news
RPAR Dividends
- 2.39%
- $0.51
- $0.11 per share
- Quarterly
Distribution history
RPAR Risk
- 11.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.44
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −30.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.08
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
RPAR Cost
0.52%
RPAR0.52%
- The middle half of Capital-Efficient Allocation funds
- Median 0.67%
8 of the 19 Capital-Efficient Allocation funds charge less.
Other funds in Capital-Efficient Allocation
- BALLWState Street Bridgewater All Weather ETFExpense ratio 0.85%1 year return +7.9%
- BRSSBReturn Stacked Global Stocks & Bonds ETFExpense ratio 0.39%1 year return +11.3%
- CGDTWisdomTree Efficient TIPS Plus Gold FundExpense ratio 0.20%1 year return —
- CNTSEWisdomTree Emerging Markets Efficient Core FundExpense ratio 0.32%1 year return +30.7%
- CRSSTReturn Stacked U.S. Stocks & Managed Futures ETFExpense ratio 0.99%1 year return +42.3%