UPAR: UPAR ULTRA RISK PARITY ETF
UPAR ULTRA RISK PARITY ETF Educational Report
What this ETF is trying to do
The UPAR Ultra Risk Parity ETF is an exchange-traded fund (ETF) listed on the NYSE. While the specific strategy isn't detailed in the data, we can see what it holds to understand its focus. Its Top Holdings include SPDR® Gold MiniShares, various United States Treasury Bonds, the Vanguard FTSE Emerging Markets ETF, and the Vanguard Extended Market ETF. This suggests a mix of different types of assets like gold, government bonds, and international stocks.
What the numbers show
When looking at an ETF, it is important to understand two different types of returns: price return and total return.
• Price Return: This only measures how much the share price has changed.
• Total Return: This includes both the change in share price *and* any cash distributions (dividends) paid out.
For UPAR, the numbers show:
• Year-to-Date (YTD): The price return is approximately -2.62%, but the total return is positive at about 0.25%.
• One-Year: The price return is approximately -0.90%, while the total return is about 2.35%.
• Three-Year: The price return is approximately 27.80%, and the total return is much higher at about 41.65%.
To give you an idea of the price movement, the current price is $15.06. The estimated price from roughly one year ago was approximately $15.19.
Income and distribution explanation
Some investors look for ETFs that pay out cash. This is called the distribution yield. UPAR has a distribution yield of approximately 3.43%. Over the last 12 months, it made 4 payments. These distributions are usually paid out quarterly. It is important to remember that a distribution yield tells you how much cash was paid out, but it is not the same thing as your total return.
NAV erosion explanation
"NAV erosion" is a term used to describe when the value of an ETF's underlying assets decreases over time. Investors often watch this because they want their original investment (the principal) to stay stable.
StockValueFinder uses an erosion-risk score to measure this risk. UPAR has an erosion score of 94, which is labeled as "Stable / sideways." The erosion severity is rated as "good," and there is no severe erosion-risk flag present.
Pros
• The ETF has shown strong total returns over a three-year period.
• It provides regular cash distributions (usually quarterly).
• The erosion-risk score suggests the price trend is currently stable or sideways.
Cons
• The share-price return (price return) has been negative for both the year-to-date and one-year periods.
• The total return is lower than the three-year returns, meaning recent growth has been slower.
Beginner takeaway
When looking at UPAR, notice the difference between the falling share price and the positive total return. Even though the price of a single share has gone down slightly over the last year, the total return is positive because the cash distributions helped make up for that decline. Always look at both price and total returns to get the full picture.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | n/a | n/a | 14.93% |
| 2 | SPDR® GOLD MINISHARES | GLDM | 14.36% |
| 3 | UNITED STATES TREASURY BONDS 1% | n/a | 10.97% |
| 4 | UNITED STATES TREASURY BONDS 0.75% | n/a | 7.18% |
| 5 | n/a | n/a | 5.43% |
| 6 | UNITED STATES TREASURY BONDS 1.38% | n/a | 5.14% |
| 7 | VANGUARD FTSE EMERGING MARKETS ETF | VWO | 5.14% |
| 8 | MSCI EAFE INDEX FUTURE SEPT 26 | n/a | 4.99% |
| 9 | UNITED STATES TREASURY BONDS 0.63% | n/a | 4.17% |
| 10 | UNITED STATES TREASURY BONDS 0.13% | n/a | 4.11% |